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6.27 Big Brother and Second Brother
This week, the overall market continued to weaken and decline. The bearish trend has fully opened downward space, and the phased downtrend is established. The sporadic small rebounds in the market are only technical repairs during the decline, belonging to secondary pullback moves, unable to reverse the overall downward structure.
Currently, the bearish dominance pattern is clear, and the market has never been able to stage a strong rebound repair. Each small upward attempt to test resistance above is met with sustained suppression from bearish forces. Multiple layers of resistance continue to suppress bullish momentum, severely limiting rebound space.
In the short-term cycle, the market is currently in a sideways consolidation and energy accumulation phase, which is a digestion and rest during the decline. After the consolidation is complete, the market is likely to continue its weak tone and resume its downward trend.
Big Brother rebound 60500, 61500 resistance short, target 59000, 58000, breakdown target 56000
Second Brother rebound 1590, 1630 resistance short, target 1560, 1510, breakdown target 1450
$BTC $ETH #BTC下探60000美元关键关口