Wednesday, June 4, 2025

From the perspective of daily technical patterns, the bulls are showing strong recovery momentum. Each recovery after a pullback is efficiently completed in a short period, demonstrating the resilience dominated by the market bulls.

Currently, the four-hour candlestick chart shows that the currency price is oscillating and consolidating at a high level. Although a technical pullback has occurred after a significant previous surge, both the intensity and continuation of the pullback appear weak, implying that the short-term trend will primarily focus on range-bound oscillation and recovery, with limited downward space expected during the day. In this adjustment phase following a rapid surge, it is recommended to closely monitor the stop-loss signals in the 15-minute and 30-minute lower time frames. After confirming a complete pullback structure, take advantage of bullish opportunities accordingly.

Regarding operations, I personally suggest that Bitcoin prices build long positions in batches around 105,000, targeting approximately 107,000.

For Ethereum, lay out long positions at the 2,600 integer level, with a target price around 2,670.