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7.4 Afternoon Analysis
Hello everyone, the weekend market is not very active
Price continues to run between the upper and middle Bollinger Bands, with the bands opening upward, maintaining a bullish mid-term channel; however, the current price is near the lower side of the upper band, with room to reach the upper band resistance at 63566, posing a short-term risk of a spike and pullback.
Resistance levels
First resistance: 62933 (current phase high)
Strong resistance: 63566 (Bollinger upper band)
Support levels
Short-term support: 62000 round number
Core support: 61196 (Bollinger middle band, trend watershed)
Strong support: 60000 psychological level,
Yifan's personal advice: short near 62900-63500, target first around 62000#BTC #ETH #BTC走势分析