6.21 Zhang Lihui: Bitcoin's daily average line has shown a dense short signal; is the 100,000 mark facing another challenge? Today's (BTC) latest market analysis and trading reference! #以色列伊朗冲突 #BTC #BTC走势分析 #ETH #ETH🔥🔥🔥🔥🔥🔥 $BTC
Continuing to look at Bitcoin's 1-hour candlestick, a long lower shadow appears after a sharp drop. Usually, such rapid declines followed by a lower shadow tend to have a short-term rebound process. It can be observed that the fast and slow lines are converging, with reduced volume below the 0 axis. The KDJ three lines are turning upward in the oversold zone, and the RSI three lines are showing the same rhythm, indicating that there is short-term rebound momentum. Therefore, the upper area can continue to pay attention to the mid-track and the overlapping suppression zone of MA220 and MA30;
On the downside, continue to focus on the EMA300 and MA380 range mentioned by Lihui yesterday in the 4-hour chart, as the lower track is still approaching this position. This includes the recent death cross of DIF and DEA starting to expand, with further incremental intentions below the 0 axis; the current level's upper area can focus on the intersection of the downward mid-track and MA300. As the mid-track moves down, it may be necessary to adjust the short entry point during the day;
At the daily level, the short-term multiple moving averages are forming a dense downward convergence, which is a very scary signal. After the convergence on June 5, the next day also saw a significant drop of 6,000 points. This round of market is expected to be no less, and during the day, we can continue to pay attention to whether it can break the lower track and the EMA60 support range again. If it breaks, one can look at the EMA80 position, which may form an important barrier with the 5th. If it breaks the 100,000-100,400 level, we need to see the EMA120 position, which is around 98,000; the current level's fast and slow lines are also showing a death cross opening downward, and once the fast line enters below the 0 axis, the big drop may just be beginning;
In summary, Lihui believes there is rebound momentum at a small level, but the space is not very large, and one can still maintain a high short entry; focus on the important support at the 100,000 mark;
Suggested short entry point: Light short in the range of 104,000-104,500; stop loss above 105,200; target 103,000-102,100-100,500, if it breaks down to 100,400-100,000, it can continue to hold;
Suggested long entry point: Need to pay attention to the second support in the range of 100,000-100,400 to enter long! Specific operations can be consulted with Lihui for layout and entry based on real-time market changes!
The specific entry opportunities at the above points can be based on real-time notifications from Lihui!