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6.10 Morning Market Analysis
Bitcoin rebounds to the 62,000—62,500 range, shorting with targets at 61k and 60,000, stop-loss set at 63,000;
Ethereum rebounds between 1650—1680, short entry, targets at 1600 and 1570 below, stop-loss at 1700.
Last night’s market moved in sync with the U.S. stock market weakness, and the coin price once again fell below the 61,000 level, successfully realizing profits on the short positions arranged around 6.25 in the morning.
The hourly Bollinger Bands expanded downward again, MACD bearish momentum gradually weakened, and the price remained under pressure from the moving average, with short-term rebound momentum lacking. The overall strategy remains mainly high-level short positions.
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