6.25 Evening Bitcoin Market Analysis

In the afternoon, the price rebounded to a high of 61931 and then stalled. Although it briefly stabilized in the 61500-61800 resistance range, the bulls failed to break through the 62000 level with sufficient volume. Subsequently, it pulled back to around 61200 under pressure, but the bears also did not show a significant decline. In the evening, the PCE data was released in line with expectations, causing the price to spike upward briefly, but it remained below 62000.

Currently, on the 1-hour chart of Bitcoin, the MACD fast and slow lines have formed a golden cross below the zero line, but the trend is weakening as they approach the zero axis. Meanwhile, although bullish momentum is still being released, it is gradually diminishing. The rebound strength is relatively weak, with short-term support at 60500. The US stock market is about to open soon. It is recommended to wait for the opening and observe the movement of volume. If a breakout occurs with significant volume, you can cautiously follow with a light position. $BTC #0成本拿2股SK海力士