June 2 Morning Analysis

From the current trend structure, Bitcoin and Ethereum have already shown a clear bearish dominance on the four-hour chart. The Bollinger Bands are expanding downward overall, with the channel distance continuously widening. The lower band is constantly extending downward, and multiple technical indicators are signaling bearishness simultaneously. The downward momentum is still ongoing. It is expected that the price will continue to move along the downward trend. The suggested strategy is to maintain a short position on rallies.
Trading Suggestions
Short near 65,300-65,800 on rebounds, with targets down to 64,000-63,000. If broken, continue to watch for 62,000.
#当前行情抄底还是观望？ #Gate1月透明度报告