6.5 Morning Bit Strategy Analysis

The evening trend has shown fluctuations again. The Bitcoin has effectively broken below the key support level of 105000, further sliding down to 104111 points, forming a significant pin bar pattern. This round of volatility has caused a noticeable impact on short-term bullish dynamics, and the rebound strength appears insufficient, with the current price continuously oscillating around 105300.

From the current market analysis, the daily chart shows a sideways consolidation pattern. Although the price briefly crossed the middle band of the Bollinger Bands yesterday, it did not achieve an effective breakout and quickly fell back, indicating significant resistance above. After the intense fluctuations last night, today's market mainly competes fiercely around the area of yesterday's lower shadow line, with neither bulls nor bears able to break through each other's defense lines, leaving the market in a stalemate.

In the four-hour chart, after a price drop in the early morning, the price of Bitcoin fluctuated mostly above 105000. From the analysis of the small cycle candlestick patterns, the market frequently shows pin-shaped trends from both bulls and bears, increasing the uncertainty of short-term fluctuations. It is particularly noteworthy that the Bollinger Bands indicator is gradually tightening, indicating that the short-term oscillation range will narrow, suggesting that the market is about to determine a one-sided trend. At the same time, the rapid rebound after intraday pullbacks to the low points also indicates that the bottom support remains solid. In terms of operation, it is recommended to adopt a strategy of buying on dips.

Pancake Recommendation: 104000 Bit Target 108000 Defense 103200 (Aggressive traders can buy directly at the current price) #六月行情预测 #BTC #ETH