6.26 Afternoon Bitcoin Market Analysis

The midday Bitcoin trend aligned with our expectations. After the previous bearish small-scale release ended, the pullback momentum gradually weakened, and the market slowly saw a bullish rebound trend. I reminded my brothers at noon that after Bitcoin rebounds above 60,000, we could temporarily look at around 60,500, while Ethereum's resistance range above is 1570-1580, with 1600 being the key level that needs to be broken. Our friends' long orders successfully followed the trend and landed. Remember, the red and green on the chart are just appearances; the true challenge lies in the ups and downs of your own mind.

From the 1-hour level of Bitcoin, at this stage, bulls are attempting to push higher but have limited space and have not yet formed an effective breakout. Currently, bullish momentum is still being released, but the volume is lacking, and the KDJ has entered the overbought zone, indicating a need for short-term pullback and consolidation. The short-term trend is still leaning toward range-bound consolidation, and the current rebound strength is temporarily viewed as range-bound consolidation. Ethereum's upper focus remains unchanged, still at the 1600 level. #法国VS挪威 $BTC