6.19 Bitcoin Market Analysis

The Dragon Boat Festival has arrived in the year, first wishing all friends a healthy Dragon Boat Festival! The price started a weak rebound from around 62,200 in the early morning, but did not break through our early morning resistance zone of 62,800-63,400. Just now, the price dipped to a lower level, indicating the strength of the bulls. The rebound of the altcoin correction at the high is around 1720, with a relatively strong amplitude. Since it's the Dragon Boat Festival, it's best to spend quality time with family, and also take this opportunity to rest and adjust your state.

Affected by the overall environment, the current trend remains biased downward. The bulls have released sufficient momentum recently, and the trading volume is also very supportive, leading to a short-term downtrend in the price. Now, the rebound of the bears is also once again limited in strength. On the 1-hour chart, although the price repeatedly tested around 62,200 without breaking below, the subsequent rebound trend is gradually weakening. Therefore, today's strategy is very clear: if the rebound is weak, short at the high, and if the price breaks below 62,000 with increased volume, continue to watch around 61,400. The altcoin is also tracking closely around 1650. $BTC #沃什首秀美联储利率不变 $ETH