Bitcoin Market Trend Analysis 20250614

After the price fell near the daily EMA52 line, it formed a support and showed a rebound trend with hourly fluctuations.

The daily chart shows a small bullish candlestick with a long lower shadow, and the trading volume increased by one-third compared to the previous day. The strength of the rebound is acceptable, but it still closed below the daily MA30 line, while the MA30 line is in an upward trend flattening out, and the MACD indicates a weakening of the downward momentum.

Here, the price increase encountered resistance at the daily MA30 line, and the hourly-level rebound also reached the one-hour resistance level. Under this dual pressure, there will be hourly-level pullbacks during the day, followed by a secondary test of the bottom at the hourly level, after which we can observe the strength of the rebound.

As mentioned yesterday, a double top pattern has already appeared on the daily chart, so it is reasonable for the price to continue to decline after fluctuations towards the 2-day line or even the weekly MA30 line support.

Liquidity on weekends tends to be relatively poor, resulting in smaller fluctuations. As long as it maintains oscillation, altcoins will have a rebound. Key attention can be given to altcoins with capital inflow.

Daily-level resistance levels: 107340-110300-120400-130000, support levels: 102400-97670-95860-93530