6.24 Market Trend Analysis

Reference Layout
Big饼: Bounce touched 61108 upper rail and stalled, volume drop
Entry range: 61500-61000
Stop loss: 61800
First target: 60000, second target: 59000

1. Bollinger Bands: Middle rail 60694.9, upper rail 61108.1, lower rail 60688.7. Current price 60816.5 is above the middle rail, after a sharp drop, it enters a minor bounce recovery, the Bollinger Bands are narrowing, short-term enters a consolidation range.

2. Green bars shorten, downward momentum is nearly exhausted, short-term sees a technical rebound, but it hasn't formed a bullish reversal.

3. K-line structure: High 65597 dropped sharply, lowest touched 59060, after oversold short-term, a V-shaped rebound occurred, rebound volume is limited, selling pressure above remains heavy.

It's a weak recovery after a sharp drop, the major bearish trend hasn't reversed, no volume rebound, don't chase longs, strictly trade with light positions and stop loss. #币圈#BTC下探60000美元关键关口 #以太坊基金会重组降本 #欧洲议会为数字欧元开绿灯 $BTC $ETH