6.11 Morning Analysis

Currently, BTC 1-hour price has fallen back to around 61,184. After facing resistance at the short-term high of 62,824, it has pulled back, remaining within the Bollinger Band midline and the crocodile line support zone. The lower Bollinger Band at 60,799 forms a key support. During the decline, trading volume did not show a surge indicating panic selling, so selling pressure is relatively controlled, and a technical rebound is likely in the short term.

The crocodile line indicator shows that the lips, teeth, and jaw lines have not yet formed a clear bearish alignment. After the three lines flatten, there are signs of converging again, indicating that downward momentum is gradually weakening, and bulls still have a chance to recover. The current price has broken below the Bollinger Band midline. If it can hold above the 61,000-60,800 support zone in the short term, it is likely to return above the midline.

In terms of trading strategy, focus on a long-biased approach, referencing the support zone of 60,700-61,000. After stabilization, consider entering with a small position, targeting the Bollinger Band midline at 61,600-61,800, and if broken, then aiming for 62,200-62,500. If the price effectively breaks below 60,700 (near the previous low), caution is needed for a deep correction risk, and adjust your strategy promptly. $GT $BTC $HYPE #SpaceX认购规模超2500亿美元