6.22 Morning Thought Analysis and Operational Suggestions

Thought analysis and forecast:
Big coin today first dropped and then rose from early morning to late morning. It saw a low pullback around 63220, then quickly surged upward, with a peak around 64788. After that, a surge-and-fall occurred. It is currently consolidating above 64000 again. Judging from the price action, short-term capital has pushed the price upward rapidly aided by positive sentiment, but there is also clearly evident sell pressure above. The 64700-65000 area has strong resistance. “Ether” is basically moving in sync with Big coin: it pulled back to around 1700, then quickly rebounded to around 1759, but it failed to effectively hold above the higher level. It then retreated to around 1730 to trade in a range. In terms of news, the market continues to be supported by factors such as ETF fund inflows, expectations of interest-rate cuts, and institutional attention to crypto assets. However, after consecutive rebounds, some profit-taking has begun to be realized, and trading volume on the weekend is lower than on working days. The funding flow shows that short-term bullish strength is still present, but chasing at higher prices is clearly more cautious, with increased turnover at high levels. In terms of technical structure, both Big coin and “Ether” have shown a pattern of surging high followed by a pullback, indicating that upward pressure is gradually becoming more apparent. If the market is unable to regain the previous high area later tonight, there is no guarantee it won’t further pull back to confirm support. Overall, the outlook favors a pullback and repair after high-level consolidation.

Operational suggestions:
Short Big coin at around 65000-65500 on rebound, with targets at 63000 and 62000.
Short “Ether” at around 1750-1770 on rebound, with targets at 1700 and 1650. $BTC $ETH