June 5: Market Technical Analysis of BTC

The four-hour level shows that key support is still located in the $104,000 range. Yesterday, a rebound was successfully triggered in the $104,000-$104,500 range. Key focus today:

The validity of the $104,000 support; if it breaks down effectively during the day, it may test the $102,000-$103,000 support zone.

The daily level of the $100,000 round number remains an important psychological barrier.

Current technical patterns show that bears are dominant; it is recommended to maintain a bearish outlook for the day.

ETH Market Analysis

Yesterday showed relative strength but failed to form an effective breakthrough: the $2660 resistance level formed a false breakout and fell back to the $2600 level.

The four-hour level has entered a consolidation pattern with narrowing volatility range.

Key levels today:

Resistance zone: $2640-$2660 (unchanged from yesterday)

First support: $2560

Second support: $2450 (recently showing strong resilience)

BTC adopts a short strategy on rallies, focusing on the breakdown of $104,000

ETH maintains a range trading strategy, with a key focus on the strength of the $2560 support

Strictly set stop losses to guard against sudden volatility risks #韩国加密政策