June 22 Bitcoin Evening Review: Reversal Countdown Begins



BTC continues to trade sideways intraday, with the price remaining near the middle band. But in the evening, a key technical loosening appears—Bollinger Bands' three lines continue to narrow, the price center slightly moves upward, and the KDJ has entered the overbought zone, with short-term correction pressure building.

At the convergence end, combined with high-level indicator dulling, volatility may suddenly increase in the next few hours. Before choosing a direction, prepare for both scenarios: a volume breakout above the upper Bollinger Band can be a light long position; a break below the lower Bollinger Band should be decisively shorted, targeting the previous low. Stay cautious in the middle zone, avoid premature bets.

On the macro level, with Fed inflation data approaching this week, market sentiment remains cautious. The longer the sideways movement, the more explosive the breakout. Patience is advised until the right-side signals appear.

Trading suggestion: 65,000-65,500, target 63,000-63,500. $GT $BTC $SOL #Gate直通韩股股票
GT0.59%
BTC0.93%
SOL-1.32%
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