$BTC 6.17 Evening Bitcoin Market Analysis



In the afternoon, the Bitcoin rally first saw increased volume, dropping from around 65,500 to the support area near 64,800. Although this volume spike was not sustained afterward, it is not a good sign for the support levels below. The "mistress" (a nickname for a trader or analyst) was also affected by Bitcoin's decline, falling below 1770.

Currently, the short-term rally momentum is in a release phase, and no clear signs of a trend reversal have appeared on the chart. The decrease in volume alone is not enough; we cannot rule out the possibility of a second volume spike similar to earlier. However, the strong support at 64,000 below Bitcoin still remains, and it is not recommended to rush into trades at this moment. As long as key levels are not broken, there is no need to make major adjustments to our overall strategy—wait for stabilization and continue to buy on dips. The "mistress" will still follow along in sync. $ETH #持有USD1即享收益
BTC-2.09%
ETH-2.37%
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