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Wednesday, the 6th, Zhongling's morning BTC/ETH market analysis
In the early hours, Bitcoin showed a pattern of bottoming out, then rebounding and consolidating at low levels, with the price dropping rapidly during the session, breaking below the 67,000 level, with the lowest point reaching around 66,161.
From the current chart, the four-hour Bollinger Bands are showing an opening trend, with the price staying close to the lower band; technical indicators like MACD are gradually converging below the zero line, indicating that the bearish momentum is easing, but the overall downward trend has not changed. Although a bullish doji was formed on the four-hour chart earlier, Bitcoin is currently around 66,300, with the rebound strength clearly weak and unable to sustain. Therefore, the morning trading strategy remains unchanged, continuing to focus on shorting at higher levels.
Trading suggestions:
Buy near 66,600-67,100, target 64,300 within the day!
Sell near 1,860-1,880, target 1,740 within the day.
$BTC $ETH $SOL #分享美股交易赢英伟达股票