6.2 Today's Market Analysis

As the Federal Reserve's interest rate decision approaches, the US-Iran situation remains uncertain. Yesterday, Bitcoin again broke below the 72.5k support level, and the bears are making a comeback. The monthly chart shows consecutive downward closes, indicating a potential top in the mid-term. On the daily chart, the Bollinger Bands remain open downward, with the price quickly declining under the MA5 moving average, and the MACD forming a bearish crossover again, showing that Bitcoin's rebound is weak and the overall market sentiment is bearish.

On the hourly chart, Bitcoin's MACD fast and slow lines have formed a golden cross in the oversold area, indicating a rebound demand in the morning. Short-term resistance is around 72k, and the white session continues to maintain a high short position mindset.

Bitcoin rebounds to the 71.5k-72k range for shorting, with targets at 70.5k-70k, and a stop-loss set at 72.5k.
Ethereum rebounds to the 2010-2040 range for shorting, with targets at 1970-1950, and a stop-loss set at 2050. #币圈# #区块链# #Gate正式推出股票交易 #ArthurHayes看好HYPE超越SOL #ETH在2000关口震荡 $BTC $ETH