6.11 Auntie's Morning Analysis



From the 4-hour candlestick chart, Auntie’s bottomed out at 1503 and showed a weak rebound, multiple attempts to break above 1700 were unsuccessful, and the rebound momentum continued to weaken. The MACD double lines remain below the zero axis, indicating a weak correction within a downtrend. After the Bollinger Bands contracted, the price is stuck in the middle-lower band range. Short-term resistance is around 1730. If volume cannot break through, the downtrend is likely to continue. Support levels are first seen at 1600; if broken, it could return to around 1500 to test new lows.

On the macro level, the Fed’s rate hike expectations are heating up, risk assets are under overall pressure, ETF fund outflows continue, and institutional buying interest is low; ETH continues to weaken relative to BTC, with market funds more inclined to flow into Bitcoin. Ethereum lacks independent upward momentum, coupled with decreased on-chain activity, weakening ecosystem attractiveness, and dominant bearish sentiment.

In terms of operations, consider gradually buying in the 1680-1700 range, with a target down to 1600. If broken, look toward around 1520. Be cautious with position sizing to avoid short-term volatility risks. #贝莱德比特币收益增强ETF将上市 $BTC $ETH
BTC2.56%
ETH1.90%
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