6.29 Zhang Lihui: Bitcoin daily and weekly death cross formed! The bottom hasn't been reached yet, is a big drop inevitable? How to plan BTC today? #0成本拿2股SK海力士

Edited by Zhang Lihui 168118 Beijing time June 29, 2026, 0:59: Bitcoin market analysis and trading suggestions:

The 1-hour Bollinger Bands of Bitcoin are opening, and the price is ending a 2-day narrow range oscillation. The price was pressed down from the upper band again in the evening, and the current K-line continues to decline, approaching the bottom trend line.

The market is once again facing the critical support level of 59000! The MACD below the zero axis is gradually releasing volume, and the fast and slow lines have formed a death cross and are opening downward. KDJ and RSI are approaching oversold territory, so be aware of a short-term oversold bounce.

The 4-hour Bollinger Bands channel is still in a convergence pattern, unchanged. The upper band and MA30 continue to suppress and become the high resistance for bulls. The price has fallen below the middle band again and tested the lower band position. The volume above the zero axis of MACD is weakening. The fast and slow lines are converging for the first time after a golden cross, but have not formed a death cross yet. The KDJ three lines have crossed downward and are approaching the oversold zone. The RSI three lines have crossed downward and are close to 30, indicating that the bottom space has not been fully exhausted. Lihui suggests not to rush into long positions. Short-term operations should continue to focus on shorting at highs during rebounds!

Today's Bitcoin long suggestion 1: Light long below 58500, stop loss below 58000, target 59500-69500; if 61000 is broken, can continue to hold! Still adopt the small stop loss strategy!

Today's Bitcoin short suggestion 1: Light short above 60500, stop loss above 61000, target 59500-58500; if 58000 is broken, can continue to hold! For specific entry opportunities for shorts, please pay attention to Lihui's Friend Circle real-time updates!

There is a delay in article review and push. The market changes rapidly. Specific entry opportunities must be combined with actual trading operations, subject to real-time notifications. The suggested levels in the article are for reference only. Do not trade with heavy positions. Please set take profit and stop loss when entering, and take profits in time!