6.23 Morning Analysis
In the early morning, the Bitcoin market experienced extreme volatility, dropping to a low of 98115, with a highly shocking trend. The high-altitude strategy successfully captured nearly 5000 points during this fluctuation, accurately seizing the downward trend in the market.
From a four-hour technical perspective, after reaching the low of 98115, Bitcoin had a brief rebound to the 100,000 mark, but the momentum quickly weakened afterward. Observing the Bollinger Bands indicator, it shows a distinct 'waterfall' opening pattern, and the death cross pattern continues to extend, indicating strong bearish pressure in the market.
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Bitcoin: Can be accumulated around 101800-102800, with a target of 99600-98000
Ethereum can be accumulated around 2270-2320, looking for 2180-2140, and ensure proper stop-loss.