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Morning analysis on June 29
Currently $BTC 59726.5, short-term slight drop of 0.47%; daily fluctuation range 58888.0–60543.3.
Contract market: position size 6.14B, trading volume 6.13B, net capital outflow 236M, short-term on-site funds are staying on the sidelines. The market trend that didn't play out on Friday emerged in the early hours of Monday, so Yifan has been telling everyone these days that the current rebound is a short, mainly short.
DIF crosses above DEA from below, forming a short-term golden cross, bearish momentum significantly declines, bulls start a repair rebound;
DIF and DEA lines are still below the zero axis, the long-term bearish base has not changed, this round of market is only defined as a short-term rebound, not a trend reversal signal. Yifan personally suggests shorting around 60000-60900, target around 59000-58200, #BTC #ETH #BTC走势分析