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Early morning analysis on June 26th
Yesterday $BTC rose to a stage high of 61931, then a huge bearish candle appeared and plummeted rapidly, hitting a low of 58082, with a short-term drop of over 3000 points, corresponding to the chain liquidation triggered by the U.S. stock market crash mentioned earlier.
Current price 59410 is close to the middle Bollinger Band, in a repair phase after the sharp drop; the price is between the middle and lower bands, the medium-term trend is still weak, and the upper band forms a short-term strong resistance near 60530.
After the sharp drop, the Bollinger Bands have widened significantly, indicating that market volatility remains high in the short term, with intense divergence between bulls and bears, and the volatile market will continue. At present, Bitcoin's rebound is only a repair after the sharp drop. Attentive followers know that in the early morning analysis on the 25th after the sharp drop the day before yesterday, Yifan told everyone that it would be no problem for Bitcoin to at least return to 61300-61600, and then when it reaches 61600-61800, just go short directly. All rebounds are opportunities for you to exit your long positions and to go short. All of Yifan's students who have followed Yifan's advice have gained more or less today. Compared with those who have been liquidated, you are all very lucky. Now let's talk about whether it will be as lucky as yesterday to return to 61800 today. Personally, I think it will be difficult to go back without capital inflow. Therefore, Yifan personally suggests that you can short a wave around 60800-61500, with targets around 60000-59200#BTC #ETH #BTC走势分析