6.23 Evening Bitcoin Market Analysis

In the afternoon, Bitcoin first dropped sharply from around 63,500 with increased volume, briefly stopping at 62,500. At this point, the early morning first wave of decline was not fully completed. Subsequently, Bitcoin rebounded weakly, unable to stay above 63,000, and around 62,900, it experienced a second surge of volume-driven decline, creating a recent low of 61,870. By then, the second wave of decline in the afternoon was again successfully completed. The "Auntie" pattern was basically synchronized, but the second volume surge was more concentrated, also creating a new low of 16,33. Each candlestick rises and falls, reflecting the myriad of human emotions. Be indifferent to gains and losses, maintain a calm mindset. Wait quietly when it's time, and be decisive to exit when it's appropriate.

After two volume-driven declines, Bitcoin is currently stabilizing briefly above 62,000 after experiencing a short-term halt in decline. In the MACD, the momentum of the "head" pattern is fully released; although it is weakening now, it has not been completely exhausted. In the short term, there is still potential for further decline. However, the KDJ indicator remains in the oversold zone for a long time, continuously accumulating technical rebound and correction needs. For the subsequent market, if the volume of the "head" pattern does not cooperate, the downside space is likely to be limited. Therefore, tonight's "not fully completed" pattern suggests that traders should strengthen their defenses to prevent the continuation of a weak rebound and to stand firm above 63,000. It is more prudent to wait until the US stock market opens tonight before making further decisions. #0成本拿2股SK海力士 $BTC