6.8 Morning Bitcoin Market 🍜 Poem Perspective


Missing out feels worse than losing? Bitcoin breaks through 63,000, bulls sound the charge!
Yesterday morning, affected by macroeconomic negative news, it briefly fell below 60k, then quickly rebounded as risk aversion eased, and in the evening, with increased volume, broke through the 63,000 resistance level, reaching a high of 64,250. Technically, the MACD shows a bullish crossover at high levels, establishing a short-term bullish trend.

The 4-hour K-line shows a strong bullish breakout above 63,000, with a high of 64,250, indicating strong buying pressure. The MACD is above the zero line with a high-level golden cross, with increasing red bars, accelerating the main upward wave. The short-term moving averages are perfectly aligned in a bullish pattern, providing strong support for upward movement.

Strong resistance levels above: 64,250 - 64,500, with major resistance around 65,000 - 65,500.
Key support below: 63,000 - 63,200, with strong support around 61,800 - 62,000.

Trading Suggestions:
1. Wait for a slight pullback to around 63,000 - 63,300 and stabilize before entering long positions.
Stop loss: below 62,500 (to prevent false breakouts), first target at 64,200, second target at 65,000.
2. If no pullback occurs, directly consolidate above 63,500 and then break through 64,250 with increased volume, consider light chasing longs. Stop loss: below 63,500. Targets at 65,000 - 65,500. $BTC $ETH $SOL
BTC3.2%
ETH6.72%
SOL5.17%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned