Analysis of the Bitcoin market on June 27th at midnight.
The current price comparison has returned to the stable range around the 107000 waistline, with multiple attempts to break through the 108000 resistance level during the day, but none have been able to effectively hold. Subsequently, the price quickly retraced. After three consecutive bullish candles, the daily line formed a doji star, indicating that upward momentum is gradually weakening, and there is significant pressure above. From the four-hour structure chart, the price comparison shows alternating battles near the doji, and after probing the high resistance, it has started to trend downwards, gradually approaching the middle Bollinger Band. On the hourly level, the price comparison has returned to the narrow range below the previous 107500 mark, and during the night, we will continue with the high momentum strategy while keeping protective measures in place.
Bitcoin near 107300-107800, with a target of 106000-104500 and a defense at 108200.
Ethereum near 2420-2450, with a target of 2340 and a defense at 2480, 7652, 1450, 380.