6/23 Trading Insights:
On the 4-hour chart, after the recent price action oscillating between 64000-65000, we’ve seen a series of bearish candles. The selling pressure is clearly dominating. The latest candlestick shows a small body with extremely low volume, indicating that after a short-term drop, the market is now consolidating. The MACD's DIF line and DEA line are both declining rapidly, and the MACD histogram continues to shrink, signaling a loss of bullish momentum and an impending death cross, which suggests a weakening trend in the short term.
Trading Recommendations:
BTC: Short at 64800-64300, targeting 63000-62000.
ETH: Short at 1750-1730, targeting 1620-1520.
#BTC走势分析 #ETH走势分析
On the 4-hour chart, after the recent price action oscillating between 64000-65000, we’ve seen a series of bearish candles. The selling pressure is clearly dominating. The latest candlestick shows a small body with extremely low volume, indicating that after a short-term drop, the market is now consolidating. The MACD's DIF line and DEA line are both declining rapidly, and the MACD histogram continues to shrink, signaling a loss of bullish momentum and an impending death cross, which suggests a weakening trend in the short term.
Trading Recommendations:
BTC: Short at 64800-64300, targeting 63000-62000.
ETH: Short at 1750-1730, targeting 1620-1520.
#BTC走势分析 #ETH走势分析