6.3 Tuesday Evening BTC/ETH Analysis
From the current market perspective, the U.S. stock market's after-hours trading yesterday showed relatively limited fluctuations, overall presenting a consolidation trend within a bottom support range. There was a rebound signal during the early morning hours, and today's early session saw prices rise and successfully recover some lost ground. If the current market cannot effectively break through the key resistance level, it is expected to maintain a fluctuating pattern in the future. The suggested trading strategy is to adopt a buy low, sell high approach within the support level of 103000 and the resistance level of 106500.
From the four-hour candlestick chart, the price has tested the upper resistance multiple times but has faced pressure and retreated each time. Currently, the short-term key resistance level is around the high point of 107000. If this level can be effectively broken, it may open up upward space; conversely, if there is no breakthrough, a wide-ranging fluctuating market is likely to continue. The support level below is concentrated around the lower range of 103000, and the suggested trading strategy is to focus on short positions.
Trading Suggestions:
BTC: Around 106000-105500
Target: Around 103300-103800
ETH: Around 2640-2620
Target: Around 2550-2510