Analyst Liang Qiu: Bitcoin/Ethereum Continues to Struggle at 6.1, Evening Market Analysis

Bitcoin/Ethereum has been continuously declining in the past few days, with an overall weak trend. Our repeated high-position short strategies continue to secure space. Additionally, this week's market has also seen a pullback after a rise, and the current weekly candlestick is bearish, ending the previous series of weekly gains, indicating a further downward trend. However, during the holiday period, the market itself is quite sluggish, oscillating sideways, and there may be some rebound in the evening, but a rebound does not mean a reversal. From the perspective of the daily MA indicators, after Bitcoin and Ethereum broke below the moving average indicators, all moving averages have clearly turned downwards, with key resistance levels at 105000 and 2550.

In terms of Bitcoin/Ethereum K-line patterns, the daily level shows that recent prices have been continuously declining, forming multiple bearish candles, presenting an overall weak pattern. Additionally, the K-line presents long upper shadows, indicating significant selling pressure above. In the 4-hour cycle, prices have been fluctuating repeatedly, and after a short-term pullback, the rebound has failed to break through key resistance, currently in a low-level consolidation phase. On the technical indicators, the 4-hour MACD histogram is gradually shrinking but remains in the negative zone; bearish strength has weakened but has not yet turned strong; the daily MACD continues to trend downward after a death cross, indicating a bearish bias.

Evening Trading Suggestions: BTC: range around 104500 to 105000, target around 103000; ETH: range around 2520 to 2540, target around 2450.

【The above analysis and strategies are for reference only; please bear the risks yourself. The publication of this article does not guarantee timeliness; specifics are subject to real-time conditions】 #中心化与去中心化交易所