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6.19 Evening Market Sentiment Silk Road
Evening Trading Suggestions
Bitcoin: Range around 62,800-63,300, target 61,500
Altcoin: Range around 1,700-1,730, target 1,650
Today BTC remains in a narrow range of 62,200-63,000, with insufficient rebound momentum, not suitable for blindly bottom-fishing. The overall trend is still downward, with trading mainly focused on rebounds for short-term opportunities. The strong resistance above is at 63,600, and a rebound to around 63,000 can be used to position for a pullback; 62,200 is just a short-term support, with a higher probability of breaking below, and subsequent targets are 61,500-60,800.
The 4-hour candlestick center of gravity continues to shift downward, forming a bearish structure. Low-level oscillations are just pauses during the decline, with no reversal signals. The previous oscillation zone has now turned into a pressure zone. A rebound under pressure is an opportunity for a short position. The larger cycle decline has not yet ended. #币圈 # #Gate现货交易量增幅全球第一 #SpaceX市值超越微软跻身全球前五 #TradFiCFD黄金大师赛 $BTC $ETH