6.1 Morning Market Analysis$BTC $ETH

During the day, Bitcoin continued to fluctuate narrowly around the 74,000 level on the white trading session, with prolonged small-range consolidation and repeated shakeouts, greatly exhausting holding patience. In the early morning, the market opened with a bearish decline, followed by a short-term rebound after the drop, currently stabilizing around 73,900. Ethereum moved in tandem with Bitcoin, dropping directly below the key psychological level of 2,000, reaching a low of 1,992. The bearish momentum could not be sustained, and short-term buying entered to support the bottom, causing the price to rebound to 2,010 and stop falling.

The four-hour chart shows Bollinger Bands narrowing and flattening, with the price trading below the middle band. The 74,200 level forms a strong resistance for a rebound, but bullish buying remains weak. The overall market maintains a bearish pattern, with the core strategy being to short on rebounds.

For Bitcoin, rebounding to 74,000-74,300, then shorting directly, targeting 72,500-72,000.

For Ethereum, short at 2020-2030, targeting 1940-1900.