6.17 Early Morning Analysis

Currently, Bitcoin is steadily rising, having reached the key level of 107,500. Through in-depth technical analysis, we believe this position presents an excellent trading opportunity:

From the 4-hour candlestick chart, the phase peak area near 108,500 not only marks the starting point of the previous downtrend but also represents a strong resistance level that has been tested multiple times. Combining suburban volume with moving average system analysis, current counter-momentum is clearly decreasing, and pressure is significantly increasing, making 107,500 an excellent entry point.

Suggestions

Bitcoin: Trade near 107700-108500, targeting 107000-106300

Altcoin: Trade near 2660-2690, targeting 2610-2570 #BTC走势分析