6.2 BTC/ETH Morning Market Analysis



The current price is moving along the lower band of the Bollinger Bands, with the gap opening downward, indicating that the bearish momentum is still being released. The MACD shows a death cross divergence, with DIF and DEA both operating below the zero line.

A MACD bottom divergence signal has appeared on the 4-hour chart, with the price hitting a new low, but the MACD green histogram is beginning to shrink, suggesting that the downward momentum is weakening.

The weak recovery structure dominated by bears, with rebound strength far weaker than the downward force.

The MACD bottom divergence signal for BTC should be approached with caution, as it may just be a "fake" rebound in a bearish trend.

Although ETH is performing stronger, if it cannot break through the 2045 midline resistance, it may retest the lower band again.

Resistance above: 71,800
Support below: 70,000

Trading strategy: adopt a cautious approach, focus on the resistance level's performance under pressure, and wait for a stable entry point.

Reference around 71,800 for cautious, target 70,000
Ethereum around 2030 for cautious, target 1950
#币圈#
ETH-4.07%
BTC-3.01%
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