Evening Analysis on 6.25
The current trend of the market presents a complex tug-of-war situation. From a technical analysis perspective, the hourly K-line is in a rhythm of oscillating upward, although the daily level has achieved three consecutive rises, the profit margin is gradually narrowing, and it is currently in a state of horizontal consolidation.
In-depth analysis of technical indicators shows that the MACD histogram at the hourly level is consistently below the zero axis, with the DIF line and DEA line continuously diverging downwards, clearly indicating that the short-term momentum is in favor of the bearish side; although the MACD at the daily level is still above the zero axis, the red bars are continuously shortening, indicating that the bullish momentum is continuing to wane.
Suggestions:
Large Coin: Can be traded around 108000 - 107300, with a target looking towards 105700 - 105000.
Secondary Coin around 2460 - 2510, target around 2400 - 2350.