6.23 Monday BTC/ETH Evening Market Analysis
From the market perspective, after the big drop to the 98115 line in the early morning, there was a technical rebound, and it is currently fluctuating around 102000. In the 4-hour cycle, the solid large bearish candle broke through the key support, with short-term bears dominating. The small cycle trend shows that the rebound encountered resistance at key resistance levels and fell back, with insufficient momentum for bulls to counterattack. The current rebound is a corrective rebound in the bearish trend, not a trend reversal. The trading strategy for the day remains focused on high shorts.
Trading Suggestions:
Short near 102000-102500 for BTC, targeting down to around 101000-101500
Short near 2260-2290 for ETH, targeting down to around 2180-2210
