6.10 Wednesday Morning Market Analysis

Bitcoin’s price in the early hours continued its bearish pullback, falling to around 70,700, then gradually rebounded to around 62,200, before dropping back to around 61,500.

Ethereum’s price in the early hours continued its bearish pullback, falling to around 1,613, then rebounded to around 1,662, before dropping back to around 1,628.

At present, on the daily chart, the “consolidation head” shows a shrinking volume and closes as a bearish candle; on the four-hour timeframe, bulls are catching with shrinking volume; on the hourly chart, the “consolidation head” shows shrinking volume and is gradually moving downward. It still maintains a high-altitude entry.

Wednesday morning:

Bitcoin’s chart around 61,800–62,300, then look at 61,000–60,500.

Ethereum’s chart around 1,650–1,675, then look at 1,610–1,585.

No matter how accurate your grasp of the market is, remember to focus on risk control and defense; securing profits within the range is the way to lock in gains.

#Gate直通IPO认购SpaceX #Strategy低位加仓1550枚BTC #美股AI概念股普涨