6.17 Morning Bitcoin Strategy Analysis

Last night, after stabilizing at 106500, Bitcoin triggered a concentrated release of bullish momentum, showing strong upward dynamics and reaching a high of 108800. Ethereum began its ascent from a low of 2594, experiencing a series of fluctuations before climbing to a peak of 2683, closely following Bitcoin's upward pace.

Through the analysis of the four-hour candlestick chart, it can be observed that after a significant rise, bearish forces implemented strong pressure with a solid bearish candlestick, breaking through the support of the upper Bollinger Band, forming a clear top reversal pattern. This large bearish candlestick not only erased a portion of the previous gains but also accompanied by a significant increase in trading volume, indicating that the bears are gathering strength. In the hourly chart, the market continues to follow a downward trend, forming a descending pattern with two consecutive bearish candlesticks, reaching near the middle band to test its support strength. Once broken, it will further expand the downward space. In today's morning operational strategy, it is recommended to maintain a bearish attitude.

Bitcoin recommendation: 107800-108300🈳 Target 104000#币安钱包TGE #币安Alpha上新 #加密市场反弹 #Strategy增持比特币 #美国加征关税 $BTC $ETH $XRP