June 26 Early
The market overall experienced a fluctuating adjustment in the early hours of yesterday. In the morning, giant short positions were liquidated, and bulls exerted strength again, with the overall price of Yita breaking through 2450, and Bitcoin standing above 107800. Youmi retraced in the early hours, confirming the DOS Road again and collecting honey.
The hourly MACD remains near the horizontal level, but the Bollinger Bands are showing an upward trend, and the four-hour chart is still dominated by a bullish trend. The market showed strong upward momentum in the morning, but selling pressure around 109300 remains quite strong. The influx of market liquidity has significantly decreased, and investors tend to hold long-term positions, which may restrict the upside potential due to low volatility.
In the morning, we should first focus on whether the bulls can hold above 108000. If they can, there is hope for a continued upward surge in the afternoon or evening; otherwise, the morning may face resistance, and the market could enter a fluctuating mode.
In the morning, Youmi continued to retrace, looking up at
Bitcoin
107000-107500 looking up to 108000-108500
Yita
2420-2440 looking up to 2480-2500
