Cryptocurrency Market Analysis on June 28: Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions! #币安Alpha上新 #加密市场回调 #BTC #BTC走势分析 #BTC🔥🔥🔥🔥🔥 $BTC
The current price of Bitcoin is nearly 107,100, continuing to be pressured by the double top resistance at 17 during the previous upward trend, showing a range-bound and fluctuating pattern. In the short term, the overall market trend still favors bullish advantages, but bullish momentum has clearly weakened, with clear resistance above. There may be high-level fluctuations or even pullback pressure in the short term. From the indicators, the middle and lower bands of the Bollinger Bands provide strong support, but the MACD momentum bars are shortening, and the KDJ indicator is in the mid-low range with signs of weak rebound, indicating overall cautious market sentiment. If the key resistance level of 108,630 cannot be effectively broken through, the price may dip to the recent support level around 106,000. The suggestion is to try high selling and low buying in the short term, paying attention to the upper band pressure and support, and for short-term bullish trades, be mindful of profit protection and possible market pullback risks. The recent K-line pattern shows a 'Cloud Cover' formation, indicating that the price may face pullback pressure at high levels, necessitating caution against downward risks. In the Bollinger Bands, the middle band continues to rise, and the price is operating between the middle and upper bands, with a short-term bullish bias. In the MACD, the DIF line and DEA line are converging above the zero axis, with a death cross continuing to warn, and bullish momentum is gradually weakening. In the TD, the four-hour cycle TD has issued a sell signal '9', indicating that a short-term adjustment or fluctuation phase may be approaching. In the KDJ, the three lines are in the mid-low range, with the J line slightly rising after being oversold, indicating potential short-term rebound demand. In the RSI, the indicator values across cycles are close to 50, with overall market momentum balanced, and the price is in a range-bound consolidation state.
Sell Point: ≥107,500 short, stop loss at 109,000; take profit at 106,500-106,000; a breakdown below 106,000-105,700 can continue to hold.
Buy Point: ≤105,500 long, stop loss at 104,500; take profit at 106,500-107,500-108,500; a break above 108,600-109,000 can hold.