6.17 Midday Bitcoin Analysis - Luo Yisi's Approach


Bitcoin midday range consolidation, pre-Fed meeting slight rebound forecast, relying on support mainly low buy-in
1. Market Review
Current price around 65,800 with decreasing volume sideways, support below still solid, bears' momentum fading, market watching for early morning interest rate decision, short-term capital fluctuations may slightly warm up and rebound before the meeting.
2. Market Analysis
Range consolidation and accumulation, short-term slight rebound possible before the meeting, overall range-bound movement limited, short-term upward momentum suitable for short-term trading, main trend awaits Fed news tonight for confirmation.
3. Trading Suggestions
✅ Low buy-in: rebound to 65,000-65,400 for stable long positions, stop loss at 64,800, first target 66,600-66,900, if under pressure, exit immediately.
Strategy is to buy on dips, not chase highs, short-term drops before news, do not hold overnight. $BTC $GT $ETH
BTC-2.14%
GT-0.29%
ETH-3.93%
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