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#Tech Giants Eye Stablecoins
Xiaoyao kol: BTC Ether midday market analysis 6.10
The current daily chart for BTC shows that a long bullish candlestick was formed on June 9 (significant rise), but a bearish candlestick appeared on June 10, indicating a weakening of the upward momentum in the short term. In the 4-hour cycle, the price touched a peak around 110530 and has gradually declined since, currently in a high-level consolidation phase. In the 4-hour cycle, both DIF and DEA are positive, but the histogram has begun to shorten, indicating a decline in upward momentum. The daily MACD still maintains a strong upward trend, and the upward trend has not completely changed. Currently, the price is running below the EMA7 in the 4-hour cycle and is close to the EMA30 support (106211). The daily price is far from the EMA7 (108286), suggesting a potential for further pullback. It is recommended to enter high positions during the day.
Operational advice: Enter BTC around 109800 to 110300, target near 108000; Enter Ether around 2700 to 2730, target near 2650. The article is time-sensitive, market conditions are changing constantly. Friends entering the market should focus on real-time guidance