Tuesday, June 9th Bitcoin and Ethereum Market Analysis and Trading Suggestions

Market like a tide, with rises and falls. Looking back from early morning until now, the rebound was once again blocked at the resistance zone, Bitcoin failed to stabilize above the 64,300 resistance level, and the bullish momentum was clearly insufficient, causing the market to return to a weak consolidation. Bitcoin faced resistance near the previous day's rebound high of 64,179, with the bullish attack momentum rapidly fading, followed by a sustained decline. The early morning dipped to around 62,979, with highs and lows gradually moving lower. This rebound has entered its final stage, and the long-term trend remains firmly within a downtrend channel; the rebound is merely a correction within the downtrend.
In the early morning, the strategy remained firmly bearish. Zhilan executed a short position on Bitcoin at 64,014, successfully taking profit at 63,300, capturing 714 points of profit. Have you all kept up with this wave of decline?

The current market, after the early morning surge and pullback, confirmed the effectiveness of the upper pressure zone, and the market has returned to a weak state.
On the four-hour chart, Bitcoin is still trading above the midline, but upward momentum is weak. Resistance near 64,300 is clearly evident, with candlesticks showing long upper shadows and hammer formations, indicating heavy selling pressure.
On the hourly chart, the price is currently between the middle and lower bands; the midline has shifted from short-term support to resistance. Candlesticks show consecutive bearish closes after attempts to rise, with long bodies, indicating that the bears are in control and the price is showing signs of moving toward the lower band.
Ethereum is slightly stronger but also rose to around 1,721 before pulling back, with upper shadows on the candlesticks, indicating weak upward momentum.
Bitcoin: Short in the 63,700-64,300 range, target down to 62,300, and if broken, target around 61,100.
Ethereum: Short in the 1,700-1,745 range, target down to #分享美股交易赢英伟达股票 1,650, and if broken, target around 1,600.