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Analyst Liang Qiu: The 6.29 Bitcoin/Ether weekly close is about to end, along with the evening market analysis.
Bitcoin and Ether have been in a sideways trend for two days over the weekend. Although there was some upward movement in the evening, the pressure above still remains, and there has been no effective break of resistance. The overall trend of Bitcoin is relatively strong, and the focus moving forward will be on the resistance levels at 109000 and 110000. Ether's four-hour chart has already started to show extreme narrowing, and with Monday's market changes approaching, the weekly candle closed positively, but the entity K line has not broken through and stabilized. It is more about short-term corrections after a decline.
The daily level K-line pattern shows that the recent price is in a continuous range oscillation, overall presenting a slight pullback followed by stabilization and a rise in trend, currently in a consolidation phase. The 4-hour level K-line has formed multiple long lower shadows, indicating strong support below, but clear pressure above, failing to break through the 2480 and 109000 levels in the short term. On the technical indicators, the 4-hour MACD histogram continues to shrink, with the fast and slow lines gradually converging, indicating weakening momentum, and the market has entered a consolidation state; the daily level MACD is still below the zero axis, with bearish forces not yet fully dissipated.
Evening operation suggestions BTC: around 108300 to 108800, target near 106800; ETH: around 2455 to 2480, target near 2400, continue to look down after breaking.
[The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication do not guarantee timeliness; specifics are subject to real-time conditions.] #中心化交易所Top3的重塑时刻# #Kevin Lee入驻Gate广场# #香港数字资产政策2.0发布#