6.3 Early Morning Bitcoin and Ethereum Market Analysis~ Weekly K-level change is possible, and high consolidation remains the main theme in the short term!

The high consolidation strategy set up yesterday early morning successfully entered Bitcoin, while Ethereum did not get in. Until today, it has also secured a good profit margin.

After today's weekly K update, the current coin price is running near the MA5 daily moving average. The KDJ shows signs of a peak reversal, and the bullish sentiment in MACD is starting to shrink. Additionally, the TD indicator is undergoing a short-term transition between long and short positions. If Bitcoin breaks below the key support level of 103,000, the bearish trend will continue, and it will only be a matter of time before it breaks below the 100,000 level. The current resistance for Bitcoin's high point is around 105,800. As long as the coin price cannot effectively stabilize above 105,800, the high consolidation strategy will be the main theme for the coming week.

On the daily chart, Bitcoin is once again operating near the MA30 daily moving average. The pressure from the MA5 and MA10 moving averages is easing, but the MACD and KDJ indicators still lean towards a bearish resonance and downward trend. Additionally, the TD indicator has reached TD5 with the K bars showing a downward arrangement, indicating that the current downward trend is dominant.

On the 4-hour level, the MA30 daily moving average and the BOLL bands are still in a downward trend. Due to low trading volume, the current market leans towards weak fluctuations and adjustments. Judging from the hourly chart, Bitcoin still tends to fluctuate downward. Therefore, my personal view for the early morning is to maintain a rebound high consolidation strategy.

Operational strategy: 104800 consolidation; add position at 105800 consolidation; target: 103500-102000; stop loss: 106100.

Ethereum's overall trend is basically synchronized with Bitcoin. Although there has been a wave of rebound sentiment in the short term, the middle track of the daily line and the MA5 daily moving average continue to exert downward pressure, which hampers the rebound. Therefore, my personal view for the early morning is to maintain a rebound high consolidation strategy.

Operational strategy: 2555-2585 consolidation; target: 2500-2470; stop loss: 2610.

For the short-term trend, it is expected to suffice; the daily line update tomorrow will continue to follow up.#币安Alpha上新 #加密市场回调