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Morning analysis of the Crypto Assets market on June 13
Last night's market review: mainstream coins first rebounded to the 108300 position, then experienced a continuous decline, reaching a low of 105600 area.
Technical Analysis: On the four-hour time frame, the price has broken below the lower Bollinger Band, and technical indicators show that the downward momentum is increasing, suggesting further downside potential. However, from the one-hour chart analysis, the price has currently returned to operating above the lower Bollinger Band, with momentum weakening, indicating a possible rebound opportunity in the short term.
Market operation reference: Mainstream coins can consider shorting in the range of 106500-106800, with a target of 105500-104800; other mainstream tokens can pay attention to shorting opportunities in the range of 2670-2700, with a target of 2620-2580.