BTC's current daily chart shows that after the price surged on June 9, it has entered a downward trend of consolidation. Recently, the K-lines have shown continuous bearish candles, reflecting a weak market sentiment. On the 4-hour chart, the price has started to form higher lows since June 13, indicating a gradual upward trend, but overall it remains within a significant descending channel. The MACD histogram on the 4-hour cycle continues to be negative, and both the DIF and DEA are below the zero axis, indicating that the bears are dominant. However, there are signs of convergence between the DIF and DEA, which may lead to a short-term rebound. The coin price is currently below EMA7, EMA30, and EMA120, suggesting that the short, medium, and long-term trends are all leaning towards the bears. EMA7 is exerting resistance on the price, so attention should be paid to its breakout situation. It is advised to sell high during the day.
Operating advice: Buy BTC around 105800 to 106300, target near 103500; Buy Ether around 2570 to 2600, target near 2500. The article is time-sensitive, market conditions are constantly changing. Friends entering the market should follow real-time guidance as the main focus #Gate BTC链上质押收益百分之三 #BountyDrop上线 Gate Wallet #Alpha 积分节12期开启 .
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Xiaoyao KOL: BTC Ether Afternoon Market Analysis 6.14
BTC's current daily chart shows that after the price surged on June 9, it has entered a downward trend of consolidation. Recently, the K-lines have shown continuous bearish candles, reflecting a weak market sentiment. On the 4-hour chart, the price has started to form higher lows since June 13, indicating a gradual upward trend, but overall it remains within a significant descending channel. The MACD histogram on the 4-hour cycle continues to be negative, and both the DIF and DEA are below the zero axis, indicating that the bears are dominant. However, there are signs of convergence between the DIF and DEA, which may lead to a short-term rebound. The coin price is currently below EMA7, EMA30, and EMA120, suggesting that the short, medium, and long-term trends are all leaning towards the bears. EMA7 is exerting resistance on the price, so attention should be paid to its breakout situation. It is advised to sell high during the day.
Operating advice: Buy BTC around 105800 to 106300, target near 103500; Buy Ether around 2570 to 2600, target near 2500. The article is time-sensitive, market conditions are constantly changing. Friends entering the market should follow real-time guidance as the main focus #Gate BTC链上质押收益百分之三 #BountyDrop上线 Gate Wallet #Alpha 积分节12期开启 .