June 24th BTC Market Analysis
Yesterday Review:
Lowest 99613.33, Highest 106074.20, Volatility 6460.87, Amplitude 6.09%.
Today's Analysis:
After dropping to 98000, the daily level quickly rebounded above the 100000 support level, approaching the EMA99 moving average, indicating effective short-term support. The weekly level price has not effectively broken through key support, suggesting that the main force may intend to maintain market confidence and avoid triggering panic selling. The MACD indicator previously showed a 'golden cross', and the RSI remains at a healthy level, indicating that the upward trend has not been completely damaged. If it breaks through 106500, it may signal the end of the decline; otherwise, it may further test the 94000-95000 range.
BTC Resistance Level: 106500
BTC Support Level: 94000-95000 is the key support range.
