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Analysis for the evening of June 12
Bollinger Bands (BOLL): Price is moving between the upper band (63,888.9 USDT) and the middle band (63,492.2 USDT), with the Bollinger Bands expanding upward, indicating the bullish trend is still ongoing.
Moving Average System: Price is above the MA10, MA20, and MA89 three moving averages, which are arranged in a standard bullish order. The support levels below are moving upward sequentially, and the support structure is complete.
MACD: DIF and DEA are above the zero line, with the MACD red bars continuing to expand, maintaining high upward momentum. The bullish strength dominates the market.
KDJ: The K, D, and J lines are in the high zone, with the J value at 88.6 approaching the overbought area, indicating a short-term technical correction may be needed.
A fan personally suggests around 63,900-64,500, with targets near #BTC 62,800-62,300.