6.23 Bitcoin Morning Market Sentiment Silk Road

The overall market is primarily looking at consolidation, waiting for a rebound to face resistance and then moving higher, with the first target at 63,000.
Once it effectively stabilizes above 64,500, immediately change direction to go higher, aiming for 65,500.

Yesterday, Bitcoin faced resistance around 65,600 and topped out, overnight starting to decline, with increased volume dropping to 63,800, a daily fluctuation of 1,800 points, indicating short-term momentum has been fully released.

Currently, the market is in a technical correction phase after a large rally, with the 15-minute Bollinger Bands opening downward, and the MACD indicator slowly converging at low levels. In the short term, the buying momentum is slightly warming, and a small rebound is expected.
But the resistance from moving averages above is very strong, and the upward space for this rebound is quite limited.

The Asian market is currently in a narrow range of oscillation, with severely lacking upward momentum, and short-term support is built in previous high-volume trading zones. The market is temporarily in a consolidation phase, and to break out into a breakthrough market, external catalysts from news are still needed. #币圈  #Gate直通韩股股票 #特朗普Meme币涨7.9% #美伊谈判第一轮结束 $BTC $ETH