June 23 Morning Market Analysis $BTC $ETH



The four-hour cycle Bitcoin rebound momentum is weakening, the key resistance level at 65,500 was initially tested and then sharply rejected, reaffirming the bearish trend. Although the current price is fluctuating around 64,000, it remains in a weak correction phase after the decline and has not yet broken out of a one-sided trend. The Bollinger Bands are opening downward, the moving averages are in a bearish arrangement, and various technical indicators show a lack of rebound strength, with further downside potential in the short term.

Trading Suggestions

Buy in batches around 64,000-64,500 for Bitcoin, targeting 63,000-62,500

Buy in batches around 1,730-1,740 for Ethereum, targeting 1,700-1,680
BTC-1.14%
ETH-0.90%
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