6.6 Saturday Afternoon Analysis

DIF crosses above DEA from below, forming a bottom golden cross; the MACD turns from negative to positive, and short-term long momentum begins to release. Previously, the indicators had been operating in a bearish range for a long time; this golden cross is the first turnaround signal after a sharp drop, and an initial bottoming rebound signal has started to appear.
After the price touched the low at 59,080 and rebounded, the candlestick holds above the short-term yellow moving average, but it is under pressure below the blue medium- and long-term moving averages. The lower band of the Bollinger Bands forms support at the prior low; the channel is turning upward overall. The current price is hovering around the middle Bollinger Band, and the struggle between bulls and bears has intensified.
After the prior market underwent a deep pullback and confirmed the 59,080 low, the price has been consolidating to grind out a base, with consecutive green closes stabilizing. The current price is located in the dense zone of prior sell-off chips.
- Short-term resistance: 61,500~62,000 (medium- and long-term moving averages and trapped chip zone)
Short-term support: 60,500 and 60,000 integer levels. Short-term personal recommendation: around 61,300-62,000, with targets around 60,000-59,500 #BTC #ETH #BTC走势分析