Yue Ying: 6.2-3 Bitcoin and Ethereum Market Analysis Today, Bulls Retreat Under Weakness, Where is the Bottom?

Bitcoin Technical Analysis ————
Bitcoin daily chart shows the previous candle was resisted at the 7 moving average with a bearish real body, opening weaker and falling below around 68,000. The Bollinger Bands are opening downward, with the short-term moving average trending down, MACD's fast and slow lines extending downward with increasing histogram, KDJ moving downward with support near the 0 level, VR indicator consolidating around 60.
On the four-hour chart, the price repeatedly hits new lows along the lower band with five consecutive bearish candles, currently trading below the lower band. The Bollinger Bands are opening downward, the short-term moving average trending down, MACD's fast and slow lines extending downward with green volume bars continuing to grow, KDJ supported at the 0 level and slightly turning upward, VR indicator consolidating near 60.
Throughout the day, the market continues its decline, with bulls retreating step by step. It has already broken below the 70k level, heading towards around 65,000, with technical indicators diverging. The market may accelerate downward, and those who did not short at high levels should wait for indicator correction and the next support. A significant opportunity may arise if the daily chart shows an accelerated rebound with a spike.
Watch the resistance around 71,000 above and support below for short-term advice.

Bitcoin short-term suggestion: buy at 65,800, short at 70,500 (activate strategy for profit, manage at your own discretion)

Yitai Technical Analysis ————
Yitai's market this time is relatively resilient to decline, but caution is needed for downward spikes. The overall trend on the daily and four-hour charts is synchronized with Bitcoin, so refer to Bitcoin for guidance.
Short-term resistance is around 2020, support around 1800, for short-term advice;

Yitai short-term suggestion: short at 1988, buy at 1820 (activate strategy for profit, manage at your own discretion)

— I am Zhou Yue Ying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn together! Let's share insights and profit together! $BTC ‌#英伟达大涨6%创历史新高