6.4 Morning Thought Analysis

Market Review: The Bitcoin market opened with a rebound in the early session yesterday, followed by a slow downward trend during the day. Although there was a brief rebound in the evening, it failed to sustain the upward momentum, instead initiating a one-sided downward trend.

Technical Analysis: Currently, in the 4-hour chart, the price shows a step-like upward structure, but one must be cautious of the risk signals from technical indicators - the KDJ indicator has formed a death cross, and the downward divergence trend is obvious, confirming that bearish forces still dominate.

Operation Suggestions

Sell Bitcoin near 106000, with a target at around 103500.

Sell Ethereum near 2630, with a target at around 2550.