6.3 BTC Early Morning Analysis
Intraday Decline: -0.92%
Net Capital Outflow: 356 million USD
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Technical Analysis
1. BOLL Channel
Current price is operating below the middle band (104453), close to the lower support (103283), indicating a weak consolidation in the short term.
The upper pressure is at the 105600 level, which has been tested multiple times without breaking through.
2. K-Line Structure
After a series of small bullish candles, a bearish candle with an upper shadow has emerged, indicating insufficient rebound momentum and failed attempts by bulls to push higher.
Currently forming a clear oscillation range: 10300 - 10500, with a distinctly bearish oscillation pattern.
3. MACD Indicator
Although a golden cross has appeared, the increase in red bars is not significant, indicating a lack of momentum.
If subsequent volumes do not continue to increase, the short-term golden cross may fail.
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News
Federal Reserve officials reaffirmed their stance on maintaining high interest rates, resulting in a generally tightening macro atmosphere.
ETF funds are currently on the sidelines, and on-chain data shows weak buying power, with a strong atmosphere of market observation.
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Mainly bearish oscillation outlook:
If it breaks below 10300, it may further test 10200 or even 10150;
If a strong breakout above 10580 occurs and stabilizes, it may rebound to test 10680~10750.
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Summary: The trend is weak but not out of control; 10300 is a key support level, and a break below it would trigger a new round of adjustments.
