June 25 Market Analysis

Key Point Analysis

1. Resistance Levels
● First Resistance Level: 62,730 - 62,820
● Basis: This is the position of the SuperTrend indicator line (cyan line), also near the SAR parabolic indicator value. The price has just broken through this level and needs to hold to confirm a reversal.
● Second Resistance Level: 64,269
● Basis: The position of the upper Bollinger Band, also the bottom of a dense consolidation zone before the previous decline.

2. Support Levels
● First Support Level: 60,000 - 60,500
● Basis: The psychological integer level, also the lower edge area of recent candlestick bodies.
● Strong Support Level: 59,107
● Basis: The point marked as "24-hour low" on the chart, also the lowest point of the wick in this decline, a short-term iron bottom.

Summary
Currently, the price is in a rebound phase, testing the trend resistance above (approx. 62,730). If it can effectively break through and hold above 62,800, the next target is 64,000; if it faces resistance and pulls back, focus on the support strength at the 60,000 level.$BTC ‌