Market Analysis on June 6th, the endpoint of the large coin's 4-hour level pullback is currently uncertain; after the pullback, it will continue to rise.

Daily Sharing

Currently, the large coin is undergoing a 4-hour level pullback starting from 111,980. It has already completed the fifth 1-hour level decline. It is currently unclear whether this 4-hour downturn has ended; we need to continue observing the short-term trend structure. Two points can be monitored: first, if the large coin breaks above 106,600 again, it will confirm that the phase of the 4-hour level pullback has ended. Second, you can initially operate at the 1-hour buy point or second buy position, and then judge whether it can produce a 4-hour level uptrend by observing the 1-hour structure.

In the short term, we can observe further. If it cannot pull back to 105,000, then pay attention as it may continue to decline further. A relatively perfect trend would be a 4-hour decline that dips below 100,000; we will see if such an opportunity arises in the short term.

BTC Medium to Long Term

Weekly:

Weekly level, the current third upward movement at the weekly level has not ended. The final target for the weekly level is in the range of 150,000 to 200,000; patience is needed to wait for the expected position to materialize by the end of the year.

Daily:

At the daily level, it is currently running the third upward movement at the weekly level, with a daily upward target of around 120,000 to 130,000. Some may ask, isn't the current pullback a daily pullback? The answer is no; the current pullback is merely part of the daily upward process and belongs to a sub-level 4-hour pullback. Therefore, at the daily level, we continue to be bullish, and it will ultimately break above 111,980. So if you are bearish now, it is merely a short-term bearish view, and one cannot always be bearish on the market.

It is expected that by the end of June, the large coin is likely to break above 111,980 again and continue to set a new historical high.

4H:

At the 4-hour level, as mentioned earlier, the 4-hour pullback should first focus on near 100,000. If it holds, the next move will be the third 4-hour upward wave, aiming for a new high.

If 100,000 does not hold, focus on the 95,000 to 100,000 range. After the pullback, continue to look for upward movement to create a new historical high.

Today, it has already bounced back to around 100,000, and it is currently supported. However, we cannot confirm that the 4-hour pullback has ended; we need to observe the situation for a second buy. It is suggested to observe further; theoretically, breaking below 100,000 might be more perfect.

BTC Short-Term

Due to the fast changes in the market, the article can only make predictions based on the market conditions at the moment of publication. Short-term players should pay attention to the latest market changes; this is merely for reference.

1H:

At the 1-hour level, it is currently undergoing the fifth 1-hour decline in a 4-hour downtrend. It is unclear whether this 1-hour decline has ended. If it breaks above 105,000 again, we can roughly consider the fifth decline to be over. Until it breaks above that, we need to see if it will drop down again.

Since it is unclear whether the 1-hour level decline has ended, the 4-hour level decline is also naturally uncertain. If it breaks above again towards the center, specifically above 106,600, we can confirm that the 4-hour decline has ended; otherwise, we still need to pay attention as it may decline again.

15M:

At the 15-minute level, a small V-shaped reversal has occurred. Here, either you push straight up to above 105,100, which would basically signal the end of the 1-hour decline, or it gets stuck below 104,500, and we will see another 15-minute level pullback. At that time, we will see whether the next 15-minute level pullback breaks below 100,000 or does not break below 100,372 for a second buy. It is advised to observe the short-term changes further.

ETH

For Ethereum, at the 15-minute level, from the structure, the wave of decline from last night to this morning is not diverging. Although the 15-minute rebound today is considerable, there may still be another 15-minute decline to retest below 2,380. Only if it pulls back above 2,540 can we expect a direct small-to-large 1-hour level rebound. Let's specifically observe the trend this evening.

At the 4-hour level, whether Ethereum's pullback has ended is still to be observed. It has gone through three ups and downs internally, but lacks some clear end signals.

Trend direction

At the weekly level: direction is upward; currently, it is undergoing a new upward movement at the weekly level, with an overall target above 150,000.

Daily level: direction is upward, currently undergoing a daily rebound, with a daily upward target of around 120,000 to 130,000.

At the 4-hour level: direction is downward; the 4-hour pullback is currently supported near 100,000, but it is still uncertain whether the 4-hour decline has ended.

1-hour level: direction is downward; whether the 1-hour decline has ended still needs to be seen based on the upward strength this evening.

15-minute level: direction is upward; a small V-shaped reversal has occurred in the short term. Before breaking above 105,000, it should still undergo a 15-minute pullback.