June 20 Morning Analysis
Bitcoin has been experiencing continuous range fluctuations in the past two days, forming a 'red three soldiers' pattern. The KDJ indicator is rebounding from a low position, and the volume is shrinking, indicating signs of a tentative rebound in the short term. However, there is significant resistance above, and it is crucial to pay attention to the breakthrough or breakdown of key points.
In the short term, there is a continued tendency to maintain an upward trend in fluctuations. Until the upper resistance of 1060k is broken, all interventions should rely on the upward pressure for rebounds. The short-term target is to pay attention to the situation of breaking 1033k, and if broken, watch the lower level of 1018k.