6.24



Bitcoin hovers around 63,000, attempting a slight rebound after a minor dip, with support at 62,400, targeting 63,600/64,200;
Above 64,300-64,500, wait for a reversal opportunity to control the market, with support at 65,200, targeting 63,000/62,000.

Last night, U.S. stocks stabilized slightly, bond yields fell from 4.25% to 4.18%, and short-term liquidity pressures eased somewhat.
Bitcoin quickly recovered after dropping to 61,825, now at 63,068, with a four-hour candle showing a long lower shadow hammer line, indicating short-term buying interest around 61,800-62,000.

But the rebound structure is weak— the 24-hour high of 65,600 is still out of reach, the AVL average just crossed above 62,917, and the EMA moving averages remain in a bearish alignment, casting doubt on the strength of the rebound.
The MACD fast line is leveling off at a low, and a golden cross is emerging on the KDJ, indicating a short-term correction is needed, but the space is limited.

Today, focus on 63,000-63,600 range consolidation; only a volume breakout above 63,600 can test the resistance at 64,200-64,300.
If the resistance cannot be broken, it remains a secondary dip after short covering, forming a double-bottom structure.

At this level, short-term traders can attempt a rebound, but keep the position light and take profits quickly.
The real swing trade opportunity awaits a signal to enter short positions above 64,300.
A rebound is not a reversal— don’t mistake a correction for a main upward trend. $BTC #预测世界杯英格兰VS加纳
BTC-1.85%
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