6.17 Early Morning Thought Analysis
Yesterday, the bulls fought hard in the encirclement, rising all the way to 108900. However, from the current overall trend, the bulls' advantage may be difficult to maintain for long.
From a technical perspective, although the MACD maintains red bars, there are clear signs of a top divergence, and the bars continue to shrink. The KDJ has also crossed downward, with short-term momentum rapidly weakening, placing the overall market in a high-level fluctuation and weakening phase. In such a continuously weakening market, any rebound presents a good opportunity to short.
Operational Suggestions
Bitcoin: Short at 108200-109000, target 105000-106500
Ethereum: Short at 2630-2660, target 2500-2550
