COIN Market Analysis 2026.06.10

Since the article on April 30th where the structure of Coinbase was analyzed, the overall trend has been in line with expectations. Now, starting from a smaller timeframe, a detailed breakdown is provided:

As shown in the figure, the move from 139 in COIN is a rebound, targeting the black segment of the decline shown in the chart. After the rebound ends, it will continue to decline to find a bottom.

On the 4-hour timeframe, there are two possible future trends:

Red: The movement starting from 139 is a three-wave rebound structure. 139-222 is the first wave, and the decline from 222 is a correction targeting the first wave's drop. There will be a second rebound afterward, and after finding the rebound's end point, it will continue to decline.

Blue: 222 is the rebound's end point. The move from 139 to 222 constitutes the entire rebound. Once this wave is complete, there will be no rebound high above 222. After a small rebound on a lower timeframe, it will directly decline to find a bottom.

Regardless of which path it takes, COIN's opportunity lies below. This year, the entire decline starting from 444.65 is expected to end. At that time, I will buy some positions to capture the next daily timeframe upward trend. #Bitmine增持10万枚ETH $COINX