6.11 Wednesday Midnight BTC/ETH Market Analysis
From the current market perspective, the bullish momentum is gradually weakening, entering a volatile downward channel, with consecutive bearish candlesticks indicating signs of profit-taking from earlier gains.
On the hourly candlestick chart, the continuous bearish candlestick pattern is prominent, and the rebound process shows insufficient strength in the bullish candlesticks. Multiple attempts to break through the hourly midline have ended in failure, making a pullback an inevitable choice.
BTC: 109500-109000 range, looking down to around 107500-108000
ETH: 2790-2750 range, looking down to around 2670-2700 #行情分析 #BTC走势分析
