6.26 Initial Afternoon Thought Analysis

From a technical analysis perspective, the 4-hour candlestick charts of Bitcoin and Ethereum show a clear reversal signal. During the previous upward trend, momentum gradually decreased, and this recent pullback has caused the MACD's red bars to begin to shrink sharply, indicating that bullish momentum is weakening while bearish momentum is quietly building. Meanwhile, the KDJ has formed a death cross in the overbought region.

On the hourly level, the Bollinger Bands have broken through and are moving towards the lower band, with the bandwidth expanding, leading to a recommendation for short positions from Ze Ge.

Trading Suggestions

Bitcoin: Short at 1,083,000-1,090,000, target 1,050,000-1,065,000

Ethereum: Short at 2,520-2,560, target 2,370-2,430