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6.10 Evening Bitcoin and Altcoin Analysis
In the 4-hour timeframe, BTC broke below the Bollinger middle band, and the channel has opened downward, indicating that the overall market momentum is weak. The dead cross of moving averages, combined with indicators pulling back from high levels, creates a resonance of bearish signals. The short-term rebound is only a technical correction; trades should mainly be based on shorting rallies.
Trading Suggestions
Bitcoin: 63,000-64,500 short near the range, target 60,000
Altcoin: 1,660-1,700 short near the range, target 1,550
$BTC $ETH $IOST

6.6 Old Second Morning Silk Road
Last night, after the non-farm payrolls announcement, the market was in an extremely fierce one-sided plunge, with a 24-hour decline of 10.9%. Last night, it repeatedly broke below the new low of 153, with traders bouncing back and forth.
The price has broken below the lower band of the Bollinger Bands, indicating a deep oversold condition. The key support is at the low point of 153-152 today, with a rebound to 160-161 for a potential rally.
In terms of operation, it is recommended to follow the trend and go long, as the current funding rate shows extreme

Bitcoin - Ethereum daily chart drops sharply, short-term altcoins strengthen and surge, is a key re-accumulation happening?
Briefly explain the market situation: The market occasionally shows rebound and upward movements, but they are not sustained. Recently, each rebound lasts at most one or two hours, then stalls, encounters resistance, and falls back. Afterwards, it continues to fluctuate or decline.
So the core principle is simple: before the market shows obvious volume increase and a strong breakout above key resistance levels, do not hold too high expectations for rebounds. Maintain caut

Bitcoin early morning shows a wide-range sideways fluctuation, with prices oscillating between 73,500 and 74,200. It repeatedly pulls up to 74,179 before encountering resistance and falling back, and the short-term bulls and bears are in a stalemate.
From the current chart perspective, the daily Bollinger Bands are opening downward, with the price trading near the middle-lower band, facing obvious resistance above; since the peak at 82,828, the price has declined and is now in a low-level consolidation phase after a sharp drop, with the overall bearish trend unchanged. The four-hour chart show