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6.20 Morning $BTC Analysis
Good morning everyone, and happy weekend
RSI approaching overbought zone, KDJ shows a dead cross downward expectation, Bollinger upper band at 63661 faces strong selling pressure;
The major downward trend has not been fully reversed, currently only a phase of rebound after a decline, the medium to long-term bearish structure remains unbroken, with a large amount of trapped positions piled above 63800, only if it suddenly stabilizes here can it break upward,
Resistance zone
First resistance: 63660 (Bollinger upper band, intraday high-pressure level)
Second resistance: 64200 (previous decline initiation platform, medium-term bull-bear dividing line)
Support zone
First support: 63000 (Bollinger middle band, short-term bull-bear dividing line)
Second support: 62340 (Bollinger lower band, bottom of this rebound)
Yifan's personal suggestion: around 63750-64200, target 63000-62500 #BTC #ETH #BTC走势分析