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6.9 Afternoon Market Analysis: Consolidation Bottoming, Trend Following Low Buy Layout $BTC $ETH
The intraday market showed strong support after dropping to around 62,300, then steadily rebounded and reached the upper area of 63,500; Ethereum also moved in tandem, peaking at 1,696. From the overall market perspective, the market has not formed a clear one-sided drive in the short term, but is in a typical range-bound consolidation transition period. After reaching resistance near 64,000, it consolidated sideways overnight and then retraced, confirming that the current market cannot be played with a one-sided mindset. Therefore, the focus of subsequent intraday operations should be decisively adjusted, maintaining the core idea of "range low-position long setup." Currently, the price is at the middle node of the range; in the short term, it can first look for a rebound and correction, and when the market retraces again to the key support area, choose a good opportunity to go long.
Trading Suggestions
Buy directly at 62,500-63,000, with the upper target aiming at 64,000-65,000
Ethereum 1660-1670, staggered long positions, with the upper target directly aiming at 1700-1750