[2024.6.6 BTC/ETH intraday market analysis]
The price of Bitcoin has risen to the pressure range of 7.15-7.21. At present, the 4-hour price is a bit weak and wants to go sideways. The small level has started to pull back. Let it rest for a while before standing.
Ether has broken the pressure level of 3850 in the daily sideways zone in the early morning. This is a good sign. As the early morning deduction said, only if it breaks through this position will it continue to rise. I hope to make up for the rise in the future!
Intraday market analysis:
The price of Bitcoin is currently 1/2 hourly level correction. Pay attention to the position of 71000 today. If the 4-hour level closes below this position, it means that the 4-hour level has started to pull back. Pay attention to the support level below 70465-69730-68900.
If the 4-hour closing line is still above 71000 today, it means that the bulls are still strong. After going sideways, it will still go up. Pay attention to the upper target/pressure level near 71475-71820-72140! #BTC走势分析 $BTC
Ether performed well today, breaking through the pressure level of the daily sideways zone. Now it has started to pull back at the 1-hour level. Pay attention to the support level of the bottom sideways zone of 3830-3840. If it falls below the support of this range, this wave of rise will end and the 4-hour level will start to pull back. Pay attention to the positions around 3810-3790-3770.
If it stabilizes at the support level of the sideways zone or above 3810 today, the daily level is still on the bullish side. Pay attention to the upper target/pressure level around 3881-3905-3938. #ETH🔥🔥🔥🔥 $ETH