6.25 Evening Analysis

BTC continues today with an extremely narrow range. The upper and lower Bollinger Bands have converged to 62,237~63,053, and the range is only 816 points—this is a typical prelude to a potential breakout/turning point.

Price is barely staying above the middle band at 62,645, but it lacks volume support, making upward attempts weak. The three KDJ lines are sticking together around 50; the J value is slightly higher. Sentiment is neutral to slightly warm, but direction remains unclear.

Resistance is at 63,050~63,200. If price breaks through, look for 64,000. Support is at 62,200~62,000; if that level is lost, a pullback toward 61,500 may follow.

After the Bollinger Bands tighten, false breakouts occur frequently, so it’s not advisable to place a bet in advance. It’s recommended to wait for confirmation after the range breaks, then follow up with the retest confirmation. A turning point may happen, or it could occur within 24 hours—keep position sizing under control and patiently wait for the direction.

$BTC $GT $SOL #以太坊基金会重组降本