June 18 Bitcoin morning snack over 600 times! How should we view the market in the afternoon?

Technical analysis shows that the one-hour Bollinger Bands are all trending downward, with prices continuously moving along the lower band, indicating a clear bearish trend. After repeatedly breaking below the middle band support, the market continues to decline, with the lowest touching 63,660, and rebound strength is very weak. The KD indicator is in the oversold zone, showing slight short-term oversold conditions, but there is no effective golden cross to signal a reversal, and the bullish recovery momentum is insufficient. Resistance above is concentrated at the Bollinger middle band of 64,762. Short-term rebounds are unlikely to change the downward structure, and the trend remains mainly bearish.

Afternoon suggestion: Short-term, watch the 635-660 range for good support and resistance, and trade the swings!

Wave range: 64,300-64,800, with targets of 62,300-62,800.

This advice is for reference only; specific trading actions depend on actual market conditions! $BTC $GT $SOL