Analysis of the Bitcoin market on the morning of June 7.

Currently, the market has been rising continuously with consecutive green candles, and the hourly chart is starting to encounter resistance. Last night, Bitcoin peaked near 105300 before pulling back, which aligns with the position where it stabilized and rose after multiple previous dips. Now that it has broken down, this acts as a key resistance turning point; only a valid breakthrough can confirm the reopening of the upward channel. The low point from last night's spike serves as short-term support, and if it breaks down, the market will face further declines. From a weekly perspective, after seven consecutive green candles, Bitcoin has started to form a red candle, and the rebound represents the best opportunity for short positions. For operations in the early morning, the suggestion is still to enter short positions; this thought is for reference only, specifics should be based on real-time conditions. btb8860

Bitcoin; Short near 105000-105500, target 104000-102500

Ethereum; Short near 2510-2530, target 2420.