6.30 Evening



Today, Bitcoin has been gradually declining ↓, intraday highs continue to drop ↓, and the market has been in a sustained pullback since the 6.07 phase high, with the lowest intraday drop ↓ to the 5.89 level. Multi-timeframe technical indicators are collectively under pressure and pointing downward, long buying power continues to weaken ↓, and the bearish dominance in the chart is very clear.

The daily and 4-hour cycles are both showing a standard downward ↓ channel. Volatility is expected to increase further during the US evening session, with a wider range of fluctuations.

Resistance levels: The short-term core resistance range is 6.0-6.07, with selling pressure concentrated on a rebound to this range;
Support levels: The first short-term support is 5.89, with key strong support below locked at 5.80.

Suggestions:
Bitcoin: Short at 5.98-6.05, target 5.85-5.78
Ethereum: Short at 1590-1597, target 1565-1530.
ETH2.48%
GT1.07%
BTC2.43%
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