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6.23 Tuesday Morning BTC/ETH Market Insight
After Bitcoin probed up to around 65,600 yesterday, it faced resistance and pulled back; the 1-hour chart shows a clear rally-then-failure structure. The RSI has been steadily declining from the overbought zone, indicating that the rebound lacks bullish follow-through, and the rise is only mainly short-covering. As the recent highs continue to step lower, the bearish setup has essentially been established.
Trading suggestions:
Short Bitcoin in the 64,300-64,800 range, with an intraday target of 61,300
Short ETH in the 1,750-1,770 range, with an intraday target of 1,630
$BTC $ETH $SOL #Gate直通韩股股票 #预测世界杯法国VS伊拉克 #TradFiCFD黄金大师赛 #Gate最新储备金证明 #特朗普Meme币涨7.9%