📉 $BTC (2025-06-20 07:50) | Long/Short Trend Index: 55 / 100 (Consolidating Neutral)

BTC continues the short-term bottom repair trend, with MACD and RSI indicators recovering from low levels, and the rebound rhythm is relatively slow; the moving average pressure has not yet broken through, with 105,800 and 106,600 still constituting phase resistance. In the short term, a light position can be tested for long, with strict stop-loss.

🔹 Multi-Cycle K-Line Trend Judgment:

15-Minute Chart: After short-term stop decline, narrow consolidation, MACD slightly golden cross, RSI 59.3, momentum recovering slowly;

1-Hour Chart: After the bottom rises, it enters the consolidation range, MACD turns red but the strength is limited, RSI returns to 53.2, lacking a breakthrough;

4-Hour Chart: The upward structure has not yet been damaged, MACD flattens slightly weakens, RSI 46.4, still belongs to weak consolidation;

Daily Chart: Maintains high-level sideways, MACD histogram converging, RSI 47.8, technical repair has not stabilized;

Weekly Chart: Long-term upward structure is good, MACD red bars slow down, RSI 62.1, still in a healthy range.

📈 Technical Indicator Analysis:

MACD: 15m, 1H short-term turns red, 4H flat, daily line still weak, rebound remains preliminary repair;

RSI: Overall fluctuates slightly near 50, momentum is not strong but shows signs of stabilization;

Moving Average System: Current price level is still suppressed by MA25, if it breaks above 105,800, it is expected to repair short-term structure;

Trading Volume: The rebound process has average volume, and the continuation of bulls still needs volume confirmation.

🌐 Macroeconomic News Summary (Past 24 Hours):

1. The U.S. SEC chairman stated that they will strengthen transparency regulation on cryptocurrency trading platforms (Cointelegraph, June 19);

2. The Federal Reserve's interest rate decision remains unchanged, reiterating that it “may only lower rates once” before the end of the year (Reuters, June 19);

3. Bloomberg analysts claim that ETH ETF may be approved as early as early July, but the market has not significantly reacted in the short term (Bloomberg, June 19);

4. BTC on-chain activity continues to be sluggish, the structure of holding addresses tends to concentrate, and investor risk appetite has declined.