6.17 Afternoon Bitcoin Market Analysis

After the pullback from just after midnight tested below 66,000, the price has basically stayed in a range-bound consolidation between 65,000-66,000 up to now. In the morning, there was a small rebound around 65,500 that pushed up to around 66,100, but it also failed to hold and quickly pulled back again. “ETH” is relatively steadier in terms of volatility; however, the rebound near 1,780 earlier still provided about 30 points of room. If you keep losing, then trade less, think more, make profits slowly, and focus on long-term survival.

Currently, the Bitcoin 1-hour candlestick has closed with a small solid bearish candle. The high and low points have only moved within 65,400-66,100, with relatively low amplitude. It is a small bearish drift structure after a pullback from a high level, and overall it still has not broken away from the previous rebound high zone. The MACD shows signs of forming a golden cross below the zero line, indicating that short-term momentum is weakening and entering a phase of sideways upward movement. Downside support to watch is the 65,300-65,000 range, and strong support is at 64,000. On the upside, short-term resistance is at 66,200-66,500. For “ETH,” downside support is at 1,780-1,770, and the upper resistance to break through is 1,840. #预测世界杯英格兰VS克罗地亚 $BTC $ETH