Evening Thoughts on June 26
From the current 4-hour chart perspective, after a strong attack with consecutive bullish candles, the market is showing signs of diminishing momentum. The candlestick pattern is gradually shifting from a one-sided uptrend to a sideways consolidation. This period of consolidation not only serves as a necessary correction to the previously overbought technical indicators but also plays an important role in building energy for future breakthroughs. The red momentum bars continue to shorten, indicating that bullish forces are gradually retreating; the RSI indicator has also fallen from the overbought zone to the neutral range of 50-70, effectively releasing the overheated market sentiment in the short term. In the Bollinger Bands, the price is approaching the middle band from the upper band, and the trading volume is showing a mild shrinking trend, all of which are consistent with the characteristics of a healthy market adjustment. Looking upward for the evening.
Big Coin: Buy around 107000-106700, short-term target 108500
Second Coin: Buy around 2430, short-term target 2500