6.13 Morning Analysis
Bitcoin's hourly Bollinger Bands are opening downwards. Although it is under pressure from the upper band, support is initially evident in the 1030 - 1040 range, with a convergence in volume and a gradual reduction in selling pressure, entering a phase of consolidation and repair.
Ethereum is also weakening, and there are reports that its financial company is experiencing issues. Fortunately, support at 2500 remains stable, assisting Bitcoin in observing a rebound from oversold conditions.
Viewpoint Sharing
Bitcoin: Range of 102000-102500, looking at 106000
Ethereum: Range of 2480-2500, looking at 2780
