June 22 Morning Bitcoin Market Analysis



Trading idea: rebound within the 1750-1780 range to short, with a stop at 1800, initially targeting 1720, if broken then look towards 1680.

After the price surged to the high of the current rally, the upward momentum quickly weakened, and the price faced resistance and started to decline. The short-term moving averages shifted from support to resistance, and the high-level oscillation downward trend gradually became clear. The rebound lost strength and failed to break previous highs, limiting upward space, and selling pressure on the rally continued to increase.
Additional risk control: if the price stabilizes above the resistance high point, the short idea becomes #币圈 invalid, and the market trend reverses.
BTC-0.79%
ETH-0.22%
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