6.25 In-Depth Market Analysis

Bitcoin: Time your entries for shorts around 60900-61500; the downside target is 59000. If it breaks, it may dip further to 57000.
Ethereum: Set up shorts in the 1620-1640 range; the downside target is 1550, with a further look at 1480.

The order book structure is clear, and the bearish setup at the higher timeframe level has already been established.
The Bollinger Bands continue to open downward, and the coin price is running weakly along the lower band. The RSI indicator has already entered the oversold zone. Although there is still an expectation of a minor technical pullback rebound in the short term, the sell pressure overhead is heavy and the resistance to any bounce is extremely strong. Every time price has made a small push higher, it has been accompanied by a long upper shadow bearish candle that smashes the market, and the rebound has shown no follow-through. Today’s core idea: primarily take shorts on rallies in line with the trend. #Crypto #BTC下探60000美元关键关口 #以太坊基金会重组降本 #Ripple稳定币RLUSD获批登陆日本 $BTC $ETH