6.9 Afternoon
Bitcoin 1056 to 1062 short, looking down at 1045, 1030
Ethereum 2500 to 2520 short, looking down at 2450, 2380
Yesterday's Bitcoin trend showed a phased characteristic, first oscillating and consolidating in a high range, breaking through the key level of 106000 during the early morning period, but failing to hold effectively, followed by a price drop, trapped in a relatively high oscillation pattern.
From a 4-hour perspective, the Bollinger Bands show a fluctuating strong pattern, but the upper band significantly suppresses the price, with multiple attempts to break through failing. Meanwhile, the MACD indicator forms a dead cross, with the red bars continuously shrinking, reflecting a rapid decline in bullish momentum, increasing short-term downward pressure on prices, necessitating a test of the support at the middle and even the lower band of the Bollinger Bands.
