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Market Trend Analysis: $BTC (2026-6-23)
This is the monkey market, where retail investors are played like monkeys, with hourly fluctuations of hundreds of points every day, but on a daily level, it’s basically still near the cost basis~
What I can predict now is continuous oscillation and upward probing, with the ultimate outcome being a downward decline 📉.
The key level above remains around 64,560, and the four-hour chart has formed a long upper shadow, currently waiting to see if the upward momentum can break through the previous high’s body, which is above 64,800.
It’s important to note that divergence between volume and price has already appeared; although the price is gradually rising, trading volume has been decreasing. This is a typical manipulation tactic by the big players, and such a rise can be wiped out in a single spike, so even if going long, the overall pattern cannot be trusted~