Morning Market Analysis on 6.27

From the four-hour level, Bitcoin has approached the middle band of the Bollinger Bands after a bearish trend, with the Bollinger Bands narrowing and operating space compressing. Indicators show an overall trend of weak fluctuations; in the one-hour level, after a significant drop, the downward movement has slowed. There is support at the lower band of the Bollinger Bands, so the price has bounced back, but the KDJ indicator has crossed downward and the MACD values are negative, still leaning towards a bearish trend.

Therefore, the morning suggestion is to operate with a high sell after a rebound.

Trading Suggestions

Bitcoin rebounds to around 107700-107400, directly sell, with a target of around 106600-106300, and if it breaks down, look at around 104150.

For the second Bitcoin trading suggestion: rebound to around 2440-2450, sell, with a target of around 2400-2390, and if it breaks down, look at around 2350-2340.