June 18th $BTC Evening Analysis


All three cycle RSI are below the 50 bullish/bearish dividing line, with bearish momentum dominating; the indicator has not yet fallen into the oversold zone below 30, and the downward momentum has not been fully exhausted, so there is no definitive short-term bottoming signal.
KDJ(9,3,3) values: K=28.3, D=25.2, J=34.6
Both K and D lines are operating in the low zone, with the J line crossing upward through the KD lines from below, forming an early bullish crossover; however, the upward strength of the crossover is weak, and the rebound correction momentum is insufficient, with only a slight rebound expected.
A personal suggestion: around 65,000-65,800, with a target near 63,800-63,000, focus on the key support at 64,000 for a potential short-term stabilization.
BTC-2.15%
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