6.10 Morning Market Analysis $BTC $ETH

From the four-hour chart, the price broke below the middle Bollinger Band and quickly stabilized after testing the lower band, signaling a stop to the decline and a potential reversal. Currently, the three Bollinger Bands are gradually narrowing, indicating that the downward momentum is weakening, and the market is brewing for a trend reversal. Overall, after oscillating within the range, the focus is expected to shift upward.

The one-hour chart shows that after breaking below the lower band, the price rebounded strongly and closed with consecutive bullish candles, indicating strong buying interest. Although the short-term trend is still constrained by the downward channel, the support at the bottom has been solidified. The key resistance level is 62,400; a successful breakout would reverse the weak trend and open up upward space. Overall, the short-term oversold rebound demand is being released, and the selling pressure is weakening.

Trading Suggestions
Buy directly at 61,500-61,800 with targets of 64,000-65,000

Buy ETH in batches at 1,640-1,650, with targets of 1,700-1,750