June 15 Evening $BTC Analysis


Bollinger Bands: The price encountered resistance near the upper band and fell back, breaking through the middle line directly. It is now moving between the middle and lower bands. The Bollinger Bands are also starting to flatten, indicating that the short-term upward momentum has significantly weakened.
- Moving Averages: The middle Bollinger Band is now pressing above the price, and the previous upward pace has been interrupted. Overall, it is entering a high-level consolidation phase.
- MACD: The bullish momentum is gradually weakening, and a death cross has formed. The green bars are also starting to expand, indicating that the bullish force is temporarily taking a break, with a possibility of a correction or sideways consolidation.
- KDJ: The short-term indicator has rapidly fallen from a high level and has entered the oversold zone, suggesting that the short-term decline is a bit too sharp, and a technical rebound may occur at any time.
Yifan personally recommends a pullback to around 64,300-65,000 to reserve space for a rebound, with a target around 65,900-66,800.
BTC0.48%
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