Morning of 6.23
After yesterday's market oscillation, influenced by the news of the Iranian parliament's approval to close the Strait of Hormuz, Bitcoin dipped to 98100 (almost breaking below 98000), while Ethereum also weakened simultaneously. Currently, Bitcoin has slightly recovered, but the U.S. involvement in the Iran-Israel conflict has led to strong negative sentiment; if BTC breaks below 100,000 again, it may continue its downward trend.
Bitcoin has dropped below the lower bound in the four-hour chart, and Ethereum also shows weakness. Until it stands above the critical level, the focus will be on high volatility.
Bitcoin 101300-101800 moving south, target 98000-97000
Ethereum 2260-2290 moving south, target 2180-2150
After yesterday's market oscillation, influenced by the news of the Iranian parliament's approval to close the Strait of Hormuz, Bitcoin dipped to 98100 (almost breaking below 98000), while Ethereum also weakened simultaneously. Currently, Bitcoin has slightly recovered, but the U.S. involvement in the Iran-Israel conflict has led to strong negative sentiment; if BTC breaks below 100,000 again, it may continue its downward trend.
Bitcoin has dropped below the lower bound in the four-hour chart, and Ethereum also shows weakness. Until it stands above the critical level, the focus will be on high volatility.
Bitcoin 101300-101800 moving south, target 98000-97000
Ethereum 2260-2290 moving south, target 2180-2150
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BTC
105,823.98
+0.32%
ETH
2,435.76
+0.67%