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6.21 Morning Market Brief
Short-term strategy:
BTC: 64,300-64,800 buy dips, target 63,000
ETH: 1,745-1,765 buy dips, target 1,700
In the early morning, BTC rebounded from a low point and surged upward, but after reaching the high, the bulls lacked strength and pulled back. Overall, the market remains in a range-bound consolidation. A single upswing does not mean a trend reversal; chasing the rally can easily leave you trapped. Trading requires staying steady, and only acting after you clearly read the order-book momentum.
Market analysis:
The 4-hour chart surges into a key resistance area; incremental capital inflows weaken, showing a stagnation pattern after the spike. On the 1-hour chart, bulls and bears are balanced, but there is insufficient upward momentum and heavy resistance overhead. In the short term, consolidation is absorbing the move; sell pressure can be released at any time. The main idea is to short the highs on rebounds. #CryptoCircle #美伊谈判推迟 #Gate现货交易量增幅全球第一 #SpaceX市值超越微软跻身全球前五 $BTC $ETH