6.15 Bitcoin Evening Analysis
The recent market price is 104900, close to the support level of 104800. The overall trend is bearish, but there are currently signs of stabilization. In the short term, the market may fluctuate around 104800. With insufficient rebound strength, there remains a risk of further declines. If the market breaks through the key resistance level MA7, a slight rebound may occur, but the expected magnitude is limited.
The market is still in an overall downward trend, and a cautious wait-and-see attitude is needed in the short term. If the market breaks below the key support level of 104800, it is recommended to follow the downward trend with light positions to short; if the market breaks through MA7 and stabilizes, consider attempting short-term rebound opportunities with light positions, but always track resistance levels closely.
Trading Suggestions:
Short around 105000-105500, target 103500 range
Short around 2520-2540, target 2450 range
The above are personal trading suggestions for reference only #币圈