📉 $BTC (2025-06-23 08:10) | Long/Short Trend Index: 46 / 100 (Weak Consolidation)

BTC has rebounded from a low after breaking below the $10,000 support level, but overall it remains in a weak recovery channel, with significant resistance from the moving average system. Short-term upward momentum has not yet formed an effective breakthrough; the current market is still in a rebound phase to alleviate the downtrend. It is recommended to strictly control positions and wait for confirmation signals. Short-term resistance: 101,600 / 102,800; Support reference: 98,800

🔹 Multi-Period K-Line Trend Analysis:

15-minute chart: Quick rebound met resistance and fell back, MACD golden cross near zero axis, RSI rose to 58.7, short-term momentum slightly repaired but under obvious pressure;

1-hour chart: After consecutive large bearish candles, a bottom pattern is forming, MACD golden cross initially forming but the bars are small, RSI rebounded to 47.1, repair remains weak;

4-hour chart: Volume decreased after breaking below previous low, MACD continues dead cross structure, RSI maintains low volatility at 38.5, overall bearish arrangement;

Daily chart: MA25 and MA99 cross down, price breaks below the moving average system, MACD dead cross continues to expand, RSI is at 37.8, weak trend unchanged;

Weekly chart: MACD top divergence continues, RSI declines to 57.1, weekly K-line continues to close bearish, indicating an increased probability of forming a mid-term top.

📈 Technical Indicator Analysis:

MACD: 15m and 1H formed a low position golden cross but lack momentum, 4H and daily still in a bearish structure, weekly top divergence suppressing the rebound;

RSI: Most periods are between 38~58, still in a weak repair range, not yet above the bullish threshold;

Moving Average System: Short-period MA7/25 downward, price below long-term moving average MA99, overall trend still bearish;

Trading Volume: Insufficient volume during the rebound, follow-up funds are cautious, not yet forming an effective bullish breakthrough.

🌐 Latest 24-Hour News Summary:

1. Federal Reserve Chairman Powell reiterated that "inflation slowdown needs confirmation," and interest rate cut expectations for the year have been suppressed again (Bloomberg, June 22);

2. Mt. Gox compensation plan will start in early July, and the market is worried that large BTC selling pressure may impact short-term prices (CoinDesk, June 22);

3. Tether announced plans to increase holdings of U.S. short-term debt and gold reserves, and partially sell BTC for profit (The Block, June 22);

4. BTC on-chain activity has declined, Glassnode data shows that whale addresses have continued to show net outflow this week, with short-term sentiment being cautious.