6.26 Morning Analysis

The price of Bitcoin has continued its intraday increase, breaking through the 108,000 level in the evening. In the short term, it is facing resistance around 108,100 and is retracing. Support is gradually moving up. Going forward, pay close attention to the stabilization at the 108,000 level. If it breaks and stabilizes, you can cautiously follow up with long positions. The market is expected to move towards the 109,000 to 110,000 range, and everyone can take advantage of a short-term profit opportunity. Don’t forget to maintain defense as there are significant short-term fluctuations.

Looking at the short-term hourly chart, the Bollinger Bands are opening upwards, and the middle band has moved up to around 106,800. If the subsequent retracement does not break this area 📉, then the intraday increase is likely to continue. Therefore, consider entering long positions nearby during the retracement. In the short term, it is in a fluctuating upward trend. As long as the support level does not break, we can manage risk and operate in the direction of the market.

Suggestions

Bitcoin: Around 107,000-106,300 to enter

Target: Around 109,000-110,000

Altcoin: Around 2,410-2,370 to enter

Target: Around 2,500-2,580 #鲍威尔半年度货币政策证词