June 11th $BTC Afternoon Analysis

The idea given early morning for the 61200 buy-in has already perfectly aligned, and the buy-in at 61200 in the morning reminder has also been perfectly cashed out.
Currently, the situation is that the US-Iran war market has already become immune. No matter how favorable the market is, it still needs to rise.
Currently, the Bollinger Bands: the price has already broken above the middle line of the Bollinger Bands, now operating between the middle and upper bands.
The Bollinger Bands are widening upward, indicating that the short-term upward trend is still continuing.
- Moving Averages: Both short-term and mid-term moving averages are firmly supporting below the price, arranged in order from bottom to top, rising sequentially.
Support below is very strong, and the upward momentum is sufficient.
- MACD: The bullish momentum is still being released, with the red bars continuously lengthening, indicating that the bullish force still dominates the market, with no signs of weakening for now.
- KDJ: The short-term indicator has reached mid-high levels but is not yet overbought, suggesting there is still room for the short-term to push higher, and there’s no need to worry excessively about a pullback for now.
Yifan personally suggests that a retracement around 61,600-61,000 could be attempted for another wave, aiming for 62,900-64,000 resistance without breaking 63,000, and one can lightly trade accordingly.