💥💥June 28 Market Analysis: Weekly Closing, Is BTC's Main Uptrend About to Ignite?
I. Macro Sentiment Warms Up, Positive Factors Continue to Emerge
The Fed's Attitude Turns Dovish: This week, several officials hinted at a possible interest rate cut in September, boosting market confidence.
Global Trade Expectations Improve: The U.S. Treasury Secretary stated that trade agreements with multiple countries will be reached before September, aiding capital flow back to risk markets.
U.S. Stocks Surge: The S&P has rebounded over 20% in the past three months, reaching a new historical high, creating a ripple effect in the crypto market.
II. BTC Gathers Momentum for Breakthrough, Main Uptrend Approaches
This week, the price repeatedly tested the 98000-100000 range without breaking it, indicating strong bottom support.
Yesterday, Coinbase saw an outflow of 10,000 BTC, and on-chain data shows that large holders continue to buy and withdraw coins, with main capital continuously increasing positions.
The current trend remains at the upper edge of the consolidation range, with a clear intention to challenge the 108000-110000 levels. Once a volume breakout occurs, it will quickly enter the main uptrend phase.
Key Range Reference:
Support Level: 104000
Resistance Level: 108000-110000
III. ETH and Altcoins Follow Suit
ETH remains correlated with BTC in the short term, with support around 2420 and resistance above 2500; short-term trading can involve buying low and selling high.
Altcoins are generally weak; high-profile coins like UNI and STX still have short-term trading opportunities, but heavy buying is not recommended.
The market rhythm remains “BTC Dominance + Altcoin Rotation,” with rapid changes in hot topics, suitable for light positions and short trades.
IV. Operation Suggestions
BTC is the main asset; it is recommended to hold primarily, and additional positions can be added when the price retraces to the 103000-105000 range.
ETH can be traded around the 2400-2500 range, buying low and selling high, waiting for clear breakout signals.
Caution is advised in participating in altcoins, especially with significant liquidity changes over the weekend, to avoid being passively stuck.
Pay attention to whether there are significant news stimuli such as ETF or policy announcements tonight and over the weekend, as the market may explode ahead of time.
The overall market is relatively strong, and the main capital is clearly gearing up. This is a critical juncture; frequent operations are not recommended. Priority should be given to allocating mainstream assets like BTC while waiting for the main uptrend opportunities brought by volume breakouts.
Summary: The market is at a critical point; hold steady with your investments, and the main uptrend is about to start.
Intraday Attention: $BANANAS31 $PENGU $FIS