6/1 Monday Morning BTC/ETH Market Update — Zhongling Morning



Bitcoin’s morning trade shows a wide-range, choppy consolidation pattern, with price repeatedly tug-of-warring between 73,500 and 74,200. After pushing up to 74,179, it met resistance and fell back; market funds flowed out slightly, and the bulls-versus-bears battle has become increasingly stuck.

On the technical side, the KDJ indicator forms a death cross at high levels, indicating a phase of short-term overbought on the chart, with pullback pressure gradually accumulating. The price probed near 74,250 twice but failed to break through effectively. A short-term double-top pattern has been established, and upward momentum has clearly weakened—therefore, the outlook remains bearish for the day.

Trading suggestions:
For BTC, go short in the 73,800–74,300 range; target 71,500 within the day!
For ETH, go short in the 2,020–2,040 range; target 1,900 within the day.
$BTC $ETH $HYPE #成长值抽奖赢金条 #美伊谈判博弈 #美股期权延长交易时段 #24h加密合约清算破4亿美元
BTC-1.03%
ETH-1.8%
HYPE5.53%
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