June 15th Monday Early Morning Analysis


Review of last week's market trend from Monday to Friday, all current price orders given by Yifan were perfectly filled. Over the weekend, the market remained high and volatile, with no significant trend. Monday still looks the same; regardless of the protocol, unless there is a volume breakout above 65,000-65,500, the main view remains bearish.
Currently, $BTC Bollinger Bands (BOLL): Price has been pressured and pulled back from the upper band (64,692.0 USDT), now breaking below the middle band (64,368.4 USDT), trading between the middle band and the lower band (64,044.7 USDT). The Bollinger Bands are contracting, indicating the short-term upward trend has ended, and a downward channel has begun.
Moving Average System: Price has broken below the Bollinger middle band, short-term moving averages have shifted from support to resistance, the bullish alignment of moving averages has been broken, with dense resistance above, and a clear pressure on rebounds.
MACD: DIF and DEA have formed a death cross above the zero line, MACD green bars are expanding, upward momentum is rapidly weakening, and the bearish force is beginning to dominate the market.
KDJ: K, D, and J lines have fallen from high levels, with J at 10.8 entering the oversold zone. There is a short-term technical rebound demand, but the overall bearish trend is clear. Yifan personally suggests bearishness around 64,600-65,200, with targets near 63,500-62,800, paying close attention to 62,800. If broken downward, continue to look lower; if not broken, consider light positions for a rebound. #BTC #ETH #BTC走势分析
BTC-0.69%
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