6.2 BTC/ETH Morning Market Brief Analysis



Currently trading along the lower band of the Bollinger Bands, with the opening pointing downward, indicating that bearish momentum is still being released. The MACD has a death cross divergence, with both lines below the zero axis.

MACD bullish divergence appears on the 4-hour chart: price makes a new low, but the green histogram narrows, indicating weakening downward momentum. The market is in a weak correction dominated by bears, with a lack of rebound strength.

Note: BTC bullish divergence in a bearish trend may be a "trap for more longs." If ETH cannot break through the 2045 midline resistance, it may test the lower band again.

Resistance: 71,800 / Support: 70,000
Strategy: Focus on shorting from high levels

Reference levels
BTC: Short around 71,800, target 70,000
ETH: Short around 2,030, target 1,950

#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
BTC-1.85%
ETH-4.6%
HYPE5.11%
SOL-4.37%
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