June 10 Morning Analysis

The current price order given yesterday has a stop at 62,200 for the initial profit-taking, because all capital has already been taken out and escaped. The price is now stuck near the middle line, facing resistance upward and support downward. In the short term, it is likely to fluctuate, and no clear signs of a rise or fall have been seen for now.
Moving Averages: The short-term moving average and the price are intertwined, indicating that neither the bulls nor the bears have gained an advantage, and the trend is not obvious; the medium- and long-term moving averages above are still pressing down on the price, making it difficult to break through upward.
MACD: The downward momentum is weakening, showing a slight sign of rebound, but the strength is still weak, so it cannot be considered a reversal signal for now.
KDJ: The short-term indicator has turned up slightly from a low point, indicating a short-term need for a corrective rebound, but it has not yet become overheated. Whether the rebound can continue needs further observation.
A person’s personal suggestion is 60,000-60,700, with a target around #BTC 62,500-63,000.