6.24 Afternoon Analysis

Yesterday's persimmon market was relatively stable, oscillating within the established range. Until the early hours, the big pancake ↓ fell to the 99600 level and then stabilized, beginning a rebound 🛳️. Overnight, the B price continued to rise, reaching a peak of 106000, and as of now, it is maintaining a fluctuating state around 104900.

From the 4-hour technical chart analysis, after the big pancake hit the bottom, it rose ↑, with two strong bullish candles recovering previous losses, forming a clear V-shape in the smaller time frame. However, the current B price is under pressure from the upper Bollinger band, and the upward momentum is temporarily hindered. Considering the signs of a pullback already appearing on the hourly chart, the upward pressure is quite significant. The intraday strategy focuses on the big pancake, with the small pancake as a supplement.

Suggestions:

Big Pancake: Look for support around 105300-105800, targeting the range of 103800-103000. If the support at 103000 is broken, further downward movement can be expected.

Small Pancake: Look for support around 2420-2450, targeting the range of 2350-2310 #BTC走势分析 .