6.1 Midday Analysis

According to the 4-hour chart, the market is in a relatively weak downward trend nearing the end, and the larger cycle is still in a mid-term pullback, with the downward trend not reversed. The strength of the bulls is weak, but the bears have not completely turned strong. After the bears exerted force on the hourly chart, it closed with a bearish candle and a long shadow, indicating a significant decrease in bearish momentum. The entry strength of the bulls is insufficient.

Suggestion: Maintain high bullish positions, can trade bullishly around 106000-105000, targeting downward to 102000-101000.

Secondary Contract: Bullish around 2540-2560, 👀: 2460-2480