6.13 Morning Auntie Market 🍜 Poetry Viewpoint

Stuck at 1660! Is Auntie going up or down today?
Yesterday Auntie bottomed out near 1602 and rebounded, with the highest attempt hitting 1693 but facing resistance and falling back, then traded sideways in a narrow range between 1650-1685 throughout the day, finally closing around 1661;
During the rally, bullish momentum was released but lacked sustained buying pressure after breaking through the key resistance at 1690, with obvious selling pressure above and support testing around 1650 repeatedly, causing bulls and bears to be stuck near 1660, and the market overall entering a wait-and-see phase before a directional choice.
On the 4-hour chart, it remains in yesterday’s consolidation zone, with candlesticks alternating between bullish and bearish, indicating a balance between buyers and sellers;
MACD shows a golden cross but the red histogram momentum is weakening, and the bullish continuation needs further confirmation.
Support levels: 1650-1645 zone, with strong support near the previous low at 1602.
Resistance levels: 1685-1693 zone.

Trading Suggestions:
1. If the price stabilizes after a pullback to the 1650-1645 zone, consider a small position to try long, with a stop loss below 1638, targeting the 1675-1685 zone, and if broken, look towards 1690-1700.

2. If the price rebounds to the 1685-1693 zone and faces resistance and falls back, consider a small position to try short, with a stop loss above 1700, targeting the 1660-1650 zone, and if broken, look towards around 1640. $BTC $ETH