6.9 Monday Major Coin Morning Analysis

The navigation situation on Sunday was mostly in a state of oscillation. After rebounding to the high point of 105878 in the morning, the major coin came under pressure and declined, forming a multi-cycle rotation. In the evening, the major coin retraced to the low point of 104927 and stopped. The altcoin rebounded to the high point of 2545 in the morning but similarly moved downwards during the day, currently retracing to the low point of 2483, with room for further cycles!

On the 4-hour level, the stepwise rebound faced resistance at the upper track, converting to high-level oscillation, which has slowed the bullish momentum while further correcting local indicators and building momentum. On the hourly level, the Bollinger Bands have begun to narrow, and short-term oscillation cannot be ruled out. However, since the high point of the short-term rebound has been confirmed and the rebound strength has weakened, the short-term operation will still first focus on downward adjustments before following up with subsequent bullish positions.

Operation Suggestions:

Major Coin: Can enter around 105800, target 104000-103500.

Altcoin: Can enter around 2520, target to first focus on 2450-2400.