6.28 Midday Market Analysis
From a daily chart perspective, the market has entered a phase of technical consolidation, with price fluctuations likely to center around the middle band of the Bollinger Bands. Currently, two key levels need to be closely monitored: the upper resistance level of 110700 is the focal point for the bulls and bears; if the upper band of the Bollinger Bands is effectively broken, it may trigger a new upward trend; the lower support level of 98100 serves as an important defense line, and if the lower band of the Bollinger Bands is breached, it may lead to further pullback risks.
2. Trading Suggestions
1. Bitcoin: Rebound to the range of 107600-107300, looking towards 106000
2. Ethereum: In the range of 2450-2430, looking towards 2310
