6.30 Midday Analysis


Everyone should have had a satisfying profit yesterday, including the short order at 60600 given in the early morning hours. More or less everyone took the spot order. Let's look at the target $BTC The price keeps hitting new lows, but the MACD has not weakened in sync, showing a bottom divergence repair signal. This is the only bullish signal;
However, the two lines are still deeply buried below the zero axis, indicating strong bearish inertia in the larger timeframe. This golden cross can only be defined as a technical rebound within the downtrend, not a trend reversal;
The red bars show weak volume growth, suggesting thin bottom-fishing capital. The rebound height will be severely limited by the middle Bollinger Band, making it difficult to sustain a strong rally. Yifan personally recommends shorting around 60350-61200, targeting around 59300-58800. If it breaks below 58800, then look at 58000. If it doesn’t break, you can still try long positions #BTC #ETH #BTC走势分析
BTC-1.16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
FollowYifanToEatMeat
· 1h ago
Hurry, jump in! 🚗
View OriginalReply0
  • Pinned