6.13 A Million Clocks Morning Market Insights

Over the weekend, the overall trading atmosphere in the global financial markets was relatively calm, liquidity has slightly contracted, and trading activity within the market was somewhat subdued. The prices of mainstream cryptocurrencies remained within narrow ranges, and market volatility gradually decreased.

From a short-term trend perspective, there are no signs of weakness in the market, and the small-cycle remains in a pattern of oscillating and gradually rising, with the overall upward trend remaining intact.

On the hourly chart, candlesticks mostly show small bullish candles, indicating a steady upward movement. Buying interest is gradually entering the market to form support, and there is no sign of a rapid surge. Over the weekend, no major fundamental news disturbed the market, which mainly follows technical trends, with the battle between bulls and bears becoming more balanced.

Based on the combined analysis of chart patterns and trading volume, the short-term bullish structure is relatively stable. It is recommended to take advantage of pullbacks to strategically enter long positions.

For BTC, consider entering around the retracement zone of 63,200-62,600, with the upside target aiming for 63,800-64,800;
For ETH, consider entering around the retracement zone of 1,660-1,620, with the upside target #我的Gate交易时刻 aiming for 1,688-1,750.