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6.22 Bitcoin Morning Market Analysis
The key to a day is in the morning; the key to a week is on Monday. Good morning everyone!
From the 4-hour technical pattern, the 64847 level has formed a strong resistance. The price, currently rising from 64505 and approaching the upper band, shows signs of weakening in upward momentum. The RSI indicator is at 61.7, entering the overbought zone. The bullish upward energy has been overextended. This rebound is merely a corrective bounce after a decline, not a reversal signal. The overall bearish structure remains unchanged.
For intraday strategy, consider buying on dips near 64700-64850. The first target is the middle band of the Bollinger at 63624. If broken, the next support level is at the low of 62281. #美伊谈判第一轮结束 $ETH $BTC