June 14 Morning Analysis


In the early morning, influenced by news, the price surged to near the recent high point, but the upward momentum clearly slowed down.
High-level funds' divergence intensified, combined with technical indicators showing bearish divergence and resistance signals, suggesting a short-term pullback and correction as a bearish logic.
Currently $BTC 64462.1, intraday rally to 64738 faced resistance and pulled back, with selling pressure gradually emerging above.
- Although there was a slight net inflow of funds, the contract funding rate turned negative, indicating market bullishness is weakening, and bearish forces are beginning to brew.
- Repeated attempts to attack high levels have been ineffective, and the battle between bulls and bears has shifted.
- The difficulty for the bulls to continue pushing higher has increased.
- A personal suggestion for #BTC is to consider around 64500-65000, with a target near 63900-63200.
- Once the price breaks above 65000 and stabilizes, it may be time to consider taking profits. #ETH #BTC走势分析
BTC1.59%
ETH1.16%
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