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6.23 Morning Market Analysis
Bitcoin: Rebound around 645-650 to initiate a short position, watch 635-620, support at 655
Ethereum: Rebound around 1740-1760 to initiate a short position, watch 1710-1650, support at 1780
After Bitcoin surged to a new high in the current phase, it began a continuous decline, with both moving averages turning downward simultaneously, forming persistent resistance. The rebound highs keep moving lower, and each time it rises to the moving averages, it faces resistance and weakens. The bullish rebound momentum continues to fade, and the overall downward trend is clear. The current slight correction is only a weak recovery, with insufficient upward strength. The future market will mainly rely on moving average resistance to rebound and short positions. #CryptoCircle#美伊谈判第一轮结束 #Gate直通韩股股票 #SpaceX暴跌16%市值蒸发4000亿 $BTC $ETH