6.18 Short-term Market Analysis

Bitcoin rebounds to around 650-655, with a target of 640-630.

Ethereum rebounds to around 1780-1820, with a target of 1710-1730.

After reaching a peak earlier, the market has entered a continuous decline wave, indicating a complete bearish trend structure. Any rebound now is a weak correction within a downtrend. The dual moving average system continues to exert pressure, forming a strong resistance zone. When prices bounce back to the moving averages, they encounter heavy selling pressure. The rebound peaks are gradually decreasing, and bullish momentum is clearly weakening. The rebound strength after hitting the bottom is weak, making it difficult to break through the upper resistance zone, and the bearish dominance remains unchanged. In terms of trading strategy, continue to rely on moving average resistance and look for opportunities to short at high rebound points. #区块链# Crypto Circle #SpaceX市值超越微软跻身全球前五 #沃什首秀美联储利率不变 $BTC $ETH