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Wednesday Night Market Analysis on June 10:
The intraday market generally remains within a range, oscillating back and forth.
Bitcoin opened around 61,700 in the early morning at 8 am, then retreated from around 61,900 to about 61,000, rebounded to around 61,700, and then dropped again to about 60,700.
The overall trend remains within the 16:45-16:05 range, oscillating back and forth.
Currently, the daily chart shows a shrinking head pattern with declining volume, a four-hour head pattern with increasing volume gradually approaching the lower support band, and an hourly head pattern with a long lower shadow and a bullish candle.
Wednesday Night:
Market around 60,700-60,200, looking towards 61,800-62,500.
Market around 16:05-15:80, looking towards 16:55-16:85.
Tonight, the US non-farm payroll data will be released soon, leading to significant market volatility. Pay attention to risk control and defense; within the range, profits can be secured. For details, consult Young Master Zhao.
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