2025-06-17 05:19:42

6.17 midday analysis

In the early morning, Dian Wei briefly broke above 108900 but was unable to establish a solid position—showing insufficient follow-up from the market. Subsequently, Dian Wei quickly fell back to 106000, initially forming a short-term stop 📉 signal.
Currently, Dian Wei is oscillating narrowly in the range of 107200-107700. 107700 is the point of resistance for the early morning plunge and also the moving average resistance level on the 4-hour chart. If it cannot break through with increased volume, a continuation of the downward trend may occur.
The current navigation situation is in a transitional phase of "breakout failure + retracement consolidation". The technical indicators show a pause in the upward movement and a test of the downward movement, but a clear trend has not yet formed. It is recommended to patiently wait for confirmation signals at the resistance points.
Big Pie: around 106400-105500 is wobbling.
Target: 108200-108800
Er Bing: around 2560-2520 duo
Target: near 2660-2720 #BTC #ETH

ETH-1,88%

BTC-1,06%

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