6.29 BTC Evening Market Analysis



Will the unusual market movement seen on Friday happen again? The overall trend has not changed.
Do not let a brief pullback mislead you. The candlestick chart has already formed a Dark Cloud Cover pattern, and bearish momentum continues to build. Although the price is still trading above the moving averages in the short term, the suppression from the long-term moving averages continues to weigh on the bulls. Upward momentum keeps weakening, and a clear bearish pattern has been formed.

Trading Plan:
Place short positions around 60000; the short-term target is near 58300.
The long-term target will continue to be around the 55500 level. #Saylor暗示增持BTC
BTC-1.94%
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