📈 $BTC (2025-06-27 10:30) | Bull-Bear Trend Index: 62 / 100 (Consolidation with a slight bullish bias)

BTC has continuously rebounded to around 107,200 and encountered resistance, entering a high-level consolidation in the short term. MACD shows weakening across multiple time frames, and RSI has also pulled back from high levels, currently in a brief equilibrium phase between bulls and bears. If it cannot break through the resistance above 108,000, we need to guard against short-term fluctuations and pullbacks.

🔹 Multi-timeframe K-line trend assessment:

15-minute chart: Consolidating sideways, MACD dual lines are merging and flattening, RSI 53.5, momentum is neutral to weak;

1-hour chart: After a rebound, it retreats with fluctuations, MACD shows a slight death cross, RSI has pulled back to 50.2, momentum is clearly converging;

4-hour chart: The rebound is hindered by previous highs, MACD histogram is contracting, RSI 60.7, trend momentum is decreasing;

Daily chart: Fluctuating rebound above MA25, MACD golden cross angle is slowing down, RSI rises to 55.8, medium-term is slightly strong but sustainability needs confirmation;

Weekly chart: MACD golden cross continues to expand, RSI rises to 62.5, long-term structure remains healthy, still in a moderately upward trend channel.

📊 Technical Indicator Analysis:

MACD: 1H shows a death cross, 15m is horizontal, 4H golden cross is weakening, daily/weekly maintain a slight bullish bias, momentum is weakening but structure is intact;

RSI: Multi-timeframe has pulled back but has not lost the key middle axis, reflecting a weakening of short-term momentum but has not formed a trend reversal;

Moving Average System: Current price stabilizing above MA25, MA7 crosses above MA25 but the angle is slowing down, indicating bulls have a slight edge but lack new momentum;

Volume: Both 4H and 1H show a contraction in volume, indicating a lack of sustained capital support for the current upward trend.

🌐 Summary of Macroeconomic News (Last 24 hours):

1. Coinbase's collaboration with BlackRock on the ETH spot ETF application has been preliminarily accepted by the SEC, confirming earlier news in official documents (Coindesk, June 26);

2. US PCE inflation data will be released this week, which may affect the Federal Reserve's subsequent policy expectations and indirectly influence market risk appetite;

3. The Hong Kong Monetary Authority has initiated a consultation on a crypto custody system, providing a compliance pathway for institutional investors (HKMA official website, June 26);

4. ETF holdings have seen slight net inflows for the third consecutive day, indicating increased signs of short-term capital speculation (Farside data, June 27).