The market narrowed and consolidated in the early morning, with narrow fluctuations within the price range. Last night, there was a vacuum in news, market sentiment was stable, and price fluctuations were limited, maintaining a fluctuating pattern.
The market continues in a downward channel, with a MACD death cross below zero on the 4-hour chart. A three-day consecutive upward movement faces pressure at the middle Bollinger Band, without breaking the key resistance, indicating a bearish dominance. The operating suggestion remains to short at high levels, avoiding bottom fishing before a breakout, and chasing the trend if resistance is broken.
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6.28 Saturday, Bitcoin latest market analysis
The market narrowed and consolidated in the early morning, with narrow fluctuations within the price range. Last night, there was a vacuum in news, market sentiment was stable, and price fluctuations were limited, maintaining a fluctuating pattern.
The market continues in a downward channel, with a MACD death cross below zero on the 4-hour chart. A three-day consecutive upward movement faces pressure at the middle Bollinger Band, without breaking the key resistance, indicating a bearish dominance. The operating suggestion remains to short at high levels, avoiding bottom fishing before a breakout, and chasing the trend if resistance is broken.
Short Bitcoin around 107300, target at 106000.
Short near ETH 2450, target focus on 2380. #中心化交易所Top3的重塑时刻# #Kevin Lee入驻Gate广场# #香港数字资产政策2.0发布#