Morning Analysis on 6.24
This morning, influenced by the positive news of the ceasefire between Israel and Palestine, Bitcoin has returned to the position of 105,000. The daily chart shows a bullish candle piercing through three lines, while also breaking through the resistance of the EMA5, 15, and 55 moving averages, indicating a strong overall movement. The critical resistance above is around 107,200. If the daily chart can stabilize at this position, this round of daily pullback will end, and it will attempt to test the previous high resistance again. There is no need to chase higher prices at this position, as there are signs of a pullback during the day, with minor support around 103,000.
Suggestions
Bitcoin: Around 106,000-106,700
Target: Around 104,800-102,000
Altcoin: Around 2,430-2,460
Target: Around 2,350-2,300
