June 10th, Wednesday morning BTC/ETH outlook



As the price drops again, the previous rebound has been confirmed as a technical retracement. From the short-term candlestick pattern, the recent consecutive doji stars and long upper shadows clearly indicate that the bulls' attempt to push higher has failed, with obvious resistance above, suggesting that in the current battle between bulls and bears, the bears still hold the absolute dominance.

Trading suggestions:
Bitcoin 61,600-62,000 range for short positions, intraday target 59,300, break below to watch 58,800
Altcoin 1,650-1,670 range for short positions, intraday target 1,530
$BTC $ETH
BTC2.38%
ETH1.96%
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