6.14 Morning Big Cake and Second Cake Analysis



In the 4-hour chart, BTC broke below the Bollinger middle-band support. The channel diverged downward, and the overall market remains weak. A death cross in the moving averages, together with an indicator pullback from high levels, creates a resonance of bearish signals. Any subsequent rebound is only a technical correction; in terms of execution, focus on shorting with rebound pressure as the main approach.

Trading Suggestions

Big Cake: Place shorts at 65,000-66,500, target 63,500
Second Cake: Place shorts at 1,690-1,740, target 1,650
$BTC $ETH $LTC
BTC1.64%
ETH2.31%
LTC1.84%
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BlueSevenCommunity
· 22h ago
6.14 Morning Big Coin (BTC) and Altcoin (ETH) Analysis

In the 4-hour chart, BTC broke below the Bollinger Middle Band support. The channel is diverging downward, and the overall market sentiment is weak. The death cross formed by the moving averages, combined with indicators falling back from elevated levels, creates a synchronized bearish signal. Any subsequent rebound is only a technical correction; for trading, the focus should be on shorting with rebound resistance as the entry.

Trading Suggestions

Big Coin (BTC): Short around 65,000–66,500, target 63,500
Altcoin (ETH): Short around 1,690–1,740, target 1,650
$BTC $ETH $LTC
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