6.27 Bitcoin Strongly Rises, Pressure Level Takes Decisive Action
The big coin rebounded and encountered resistance around 108000, reaching a short position, with the short layout position being in the strong pressure range. Currently, it is oscillating within a box and is unlikely to break directly; a false spike may occur. The daily line shows a small bullish candle with short upper and lower shadows, and the trading volume is within the normal range. The daily MA30 line has gradually flattened from a slight downward trend, and the MACD shows a weakening downward momentum near the zero axis.
It is important to note that before a definitive reversal occurs, there remains a possibility of false signals during price increases, with a potential drop after a rise. In the short term, the price will continue to be influenced by the policy situation of the Israel-Iran conflict, as well as by the actions and words of Trump. A divergence at the bottom may rebound at any time, and negative news may arise. Altcoins have already shown unusual movements, and meme coins may emerge again. However, most meme coins rise quickly and fall quickly as well, necessitating timely profit-taking to secure gains.
Operation Suggestions:
Short Bitcoin at 107700-108200, with a target around 105000-103000. Stop loss at 108700.
Short Ethereum at 2480-2520, with a target around 2400-2300. Stop loss at 2560.