7.2 Midday Analysis

During the early session, the market dipped to a low of 59555 before starting a sustained rebound and rally, hitting a high of 61322. The current price has pulled back slightly, stabilizing above the upper Bollinger Band. The overall channel is in a bullish pattern with an upward opening, and short-term support relies on the middle Bollinger Band at the 60150 range.
DIF value 35.9, DEA value 4.2, MACD histogram value 63.4; the two lines remain in the bullish zone above the zero axis, with the red bars gradually narrowing, indicating that short-term bullish momentum is weakening and there is a need for a small pullback to accumulate strength.
RSI6 value 73.7, RSI12 value 61.2, RSI24 value 57.8; the short-term 6-period RSI has entered the overbought zone above 70, suggesting upward momentum is overextended. There is pressure for a technical pullback in the short term to correct the indicator. Yifan's personal suggestion: short near 61200-61800, target 60000-59500#BTC #ETH #BTC走势分析