Bitcoin (BTC) Trend Analysis on June 21, 2023

📊 Current Market Overview

Latest Price: $103,242 (UTC+8 14:08), 24-hour decline: 1.32%.

Short-term Trend: The 4-hour candlestick shows slight price fluctuations, down compared to yesterday, but still in an adjustment phase compared to the previous days.

Trading Volume: Recent trading volume has decreased, the market is quiet, and trading is inactive.

📉 Technical Indicator Analysis

MACD:

No obvious trend, histogram continues to shorten, bullish strength weakening.

KDJ:

Overbought (KDJ=82), but no golden cross or death cross formed, short-term may continue to fluctuate.