6.27 Morning Bitcoin Trading Strategy
The road to success is not crowded, because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you closer to your dreams.
From a technical structure perspective, the MACD indicator is running below the 0 axis, and the histogram continues to shorten but has not turned red, indicating that bullish momentum has not yet fully recovered; the RSI indicator is in the neutral zone at 45, showing that the bullish and bearish forces are temporarily balanced. Short-term support is strong, and the probability of a rebound or consolidation is high, with the price continuously oscillating between the middle band of the Bollinger Bands at 106,900 points and the upper band at 108,300 points, forming a typical triangular convergence pattern. Recently, the K-line has frequently shown long lower shadows, indicating strong support in the lower range. From an hourly level perspective, the bulls and bears are in a standoff, with solid support; two dips have not broken the support level, and both tests of the support level have quickly rebounded, forming a double bottom pattern, indicating high validity of the support below.
Daytime Trading Suggestions
Buy on pullback at 106500-107000, target 108000.
