Yue Ying: 6.10-11 Bitcoin and Ethereum Market Analysis Today, Can a Major Oversold Signal Trigger a Reversal? Plus Short-term Strategies

Bitcoin Technical Analysis ————

Bitcoin daily chart shows the previous candle closed bearish near the 7-day moving average, facing resistance and downward pressure, continuing to decline. The Bollinger Bands are opening downward, with short-term moving averages trending down. The MACD fast and slow lines are turning flat, volume bars shrinking, and the KDJ indicator is turning again, with resistance near the 50 level. The VR indicator is consolidating around the 20 level. On the four-hour chart, the price is oscillating within a narrow range above the lower band, currently testing the short-term resistance near the 7-day moving average. The Bollinger Bands are opening, with short-term moving averages parallel. The MACD fast and slow lines are crossing downward and flattening, with green volume bars shrinking. The KDJ is supported at the 0 level and turning upward again, while the VR indicator is consolidating near the 90 level. Overall, the market shows no significant change, continuing to maintain a low-range narrow oscillation and adjustment. The daily chart has not broken above the 7-day moving average resistance. The technical structure still follows the previous analysis, with a probability of testing new lows. In the short term, focus on the support above 60,000; if broken, the decline will accelerate again. Although the daily 7-day moving average acts as resistance, the next resistance level can be referenced near the previous rebound high. Consider short-term strategies accordingly.

Bitcoin Short-term Strategy: Long above 60,800, short below 63,800 (profit is yours if the strategy is activated)

Yitai Technical Analysis ————

Yitai’s daily and four-hour technical outlooks are generally aligned with Bitcoin’s, so refer to Bitcoin for guidance. The intraday market remains in a low-range narrow oscillation. Short-term support continues to be around 1,600, with resistance near 1,780. Continue to follow the previous strategy; consider short-term suggestions:

Yitai Short-term Strategy: Long above 1,630, short below 1,765 (profit is yours if the strategy is activated)

——I am Zhou Yueying, a teacher specializing in technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn together! Let’s share insights and profit together! #贝莱德减持BTC增持ETH #Gate直通IPO认购SpaceX $BTC