6.26 Early Morning Market Analysis

After a continuous decline, the market has shown clear signs of stabilizing and stopping the decline. The support at 58,000 remains strong, with the price consolidating at low levels rather than undergoing weak repair. Short-side momentum is noticeably weakening, and the overall trend is brewing a reversal.

Although the weekly level is still closing in the red, the lower support area has been repeatedly tested and not broken, increasing the probability of forming a phase bottom structure. The current price has entered the mid-term value zone. It is still too early to blindly buy the dip, but the opportunity for staggered accumulation after a retest of support is worth noting.

Although bullish momentum has not yet fully erupted, the hourly level has shown signs of gradual volume increase, with considerable upward potential. It is recommended to remain patient in operations.

Trading Suggestions
BTC: Staggered long positions in the 58,000-58,300 range, targeting 61,000-62,000
ETH: Staggered long positions in the 1,500-1,520 range, targeting 1,600-1,640