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June 25 Li Jingyue BTC Morning Analysis
The 4-hour cycle has formed a double top under pressure, a major short structure. After the previous high of 67255 formed the top zone, consecutive volume-increased bearish candlesticks dumped. The moving averages are in bearish alignment, the downtrend is fully established, and rebounds are easy points for shorts. Yesterday, a wick dipped to a low of 59060 and quickly rebounded to 60943. The current rebound is only a weak recovery after the sharp drop, without reversal momentum support.
Morning key short zone: 61200-61600, first target 60300, second target previous low 59060. #以太坊基金会重组降本 $ETH