6.24 Morning Market Sentiment Silk Road

BTC trading idea:
On a rebound, position within the 63,300-64,000 range. The downward targets are 62,500 and 61,500.
On a rebound, position within the 1,690-1,710 range. The downward targets are 1,570 and 1,550.

After the large correction yesterday, the market entered a phase of consolidation and repair. Overnight it saw a slight rebound, moving out with a short-term recovery.
From the hourly chart technical pattern, the Bollinger Bands are overall opening downward. At this stage, they are gradually narrowing. The price has held above the Bollinger middle band, and the next downtrend momentum is about to resume.

With the previously set strategy—waiting for a rebound to coincide with the Bollinger Bands narrowing before setting up the position—the current market already fully matches the entry conditions. For the day, the overall Silk Road trend is to look for a pullback. The first key support level is 61,500. Once there is an effective break below, the next targets are 61,000 key integer level. #以太坊基金会重组降本 #Gate股票7x24小时交易 #芝加哥期权交易所推预测平台 $BTC $ETH