6.15 Chuze Morning Thoughts Analysis


End the weekend's volatile market, a new week, a new beginning!
From the 4-hour level chart, it is also very clear that it has been weakening and declining. There has been no effective breakthrough above or below, and the market remains in a volatile state. The Bollinger Bands maintain a converging shape, with the distance between the upper and lower bands narrowing, waiting for confirmation of the market direction.
Currently, the K-line has a long shadow, but overall it remains under pressure at the mid-track, with the market maintaining a weak state. The 4-hour and daily levels are in a downtrend, and in this continuously weakening market, once a rebound occurs, it will be a good opportunity to short.
Operation Suggestions
BTC: Short 105700-106300, Target 103700-104700
Auntie: 2550-2580 empty, target 2480-2510
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BTC0,77%
ETH3,94%
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