Bitcoin Real-time Analysis on June 24

Market Analysis:

The daily K-line of Bitcoin is encountering strong resistance from sugar, and the current upward momentum has not yet ended. It will continue to rise, but do not be misled by this strength. As long as the 110,000 level is not broken, we should maintain a bullish outlook overall.

Wait for the market to continue upward. If it encounters resistance at the upper pressure level, then it is a good time to enter a bullish position.

Trading Suggestions:

1. Enter a bullish position around the 106,500 level after encountering resistance from sugar;

2. If the upward momentum continues at the 106,500 level, wait for a bullish signal near the 110,000 level before entering a bullish position.