7.5 Midday Analysis


RSI6=66.66, RSI12=52.46, RSI24=49.79
In the short term, the 6-period RSI has quickly rebounded to around 66, nearing the 70 overbought threshold. Short-term rebound momentum is sufficient, but there is a need for a slight pullback to build up energy; the medium-to-long-term strength line remains around the 50 boundary, and bullish and bearish forces have not yet formed a clear one-sided advantage.
Short-term trend: The downtrend appears to have ended, and a technical correction rebound has formed, with the price holding above the middle Bollinger Band support.
Pressure and support: First resistance is 63129 (upper Bollinger Band), with strong resistance at the previous high of 63438; support is 62552 (lower Bollinger Band). Yifan’s personal view is to pull back and hover around 61800-62500, with targets around 63400-63900; if it breaks out, look toward 64500. Otherwise, if it does not break through, you can continue to consider a range around the downside.#BTC #ETH #BTC走势分析
BTC0.03%
ETH-0.65%
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