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Market Analysis for June 6th:
Midnight data shock caused Bitcoin to hit a new low, rebounding weakly after probing the 100300 level. The daily chart shows three consecutive bearish candles, with moving averages in a bearish arrangement, breaking the upward trend. The four-hour Bollinger Bands are opening downward, with the lower band support lost, and bearish volume released to the extreme, indicating significant intent from the main force to short. It is recommended to go short with the trend in the early session to seize the continuation of the bearish market.
Operation Suggestion:
The range
Midnight data shock caused Bitcoin to hit a new low, rebounding weakly after probing the 100300 level. The daily chart shows three consecutive bearish candles, with moving averages in a bearish arrangement, breaking the upward trend. The four-hour Bollinger Bands are opening downward, with the lower band support lost, and bearish volume released to the extreme, indicating significant intent from the main force to short. It is recommended to go short with the trend in the early session to seize the continuation of the bearish market.
Operation Suggestion:
The range