6.8 Evening Bitcoin Market 🍜 Opinions on Poetry Fate


Today’s Bitcoin trend precisely confirms the previous analysis framework. After touching the core support zone of 62,800-63,000, it showed strong support and quickly surged, confirming that this area is an effective dividing line between bulls and bears in the short term.
The 4H MACD indicator completed a golden cross below the zero line and continued to diverge upward. Although the momentum red histogram has slightly shrunk, the overall bullish trend has not undergone a substantial change, indicating that the current rebound has the potential to develop into a new upward cycle.

As the focus shifts upward, market bullish sentiment has significantly warmed. The cooperation of capital flow and the strength of Bitcoin form a positive feedback loop, providing a good liquidity foundation for the continuation of the trend.

Upper resistance zone: The primary focus is on the previous dense trading area at 64,250; if volume breaks through, the second target will directly aim at the psychological level of 65,000.

Lower support zone: 62,800-63,000 has been confirmed as a strong support band, serving as the short-term defensive bottom line for bulls.

Trading Suggestions:
1. Be patient and wait for a pullback to the 63,000-63,200 range, observe for stabilization signals before entering long positions. Strictly set stop-loss below 62,500 to prevent extreme spike risks! The first target is around 64,200; if an effective breakout occurs, continue to hold for a move above 65,000.

2. If the market strongly breaks through and stabilizes above the key resistance level of 64,300, consider a light position to chase the rally. The target is directly at 65,500, aiming to capture the main upward wave. $BTC $ETH $SOL
BTC3.5%
ETH4.68%
SOL4.36%
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