Friday, June 12th Mainstream Cryptocurrency Trend Analysis

This phenomenon has been encountered for the first time since Bitcoin appeared, with the washout being too obvious, which can only be described as a pin bar.

Currently, from the 4H technical indicator chart, the running channel continues to form a downward opening state, with prices testing the weak recovery upwards and bearish volume arranging in a reduction and consolidation pattern. The moving averages show certain signs of turning, while the small cycle pattern still continues in a weak state, entering a phase of oscillation and repair. Therefore, we can start to position with long entries at lower levels, waiting for a rally.

Bitcoin: around 96800-96200, Target: around 97600-98100

Altcoin: around 3750-3720, Target: around 3830-3870 #BTC☀ #ETH🔥🔥🔥🔥 #下一个换谁涨？