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6.28 Weekend Market Overview: BTC Consolidates, Bitcoin Reaches T1 Target with a Profit of 1200 Points

Bitcoin closed with a Doji candlestick in the morning, consolidating over the weekend

Bitcoin tested the support at 10.63 multiple times last night without breaking it, and 10.63 has become a key support area, where consensus has formed to buy at 10.63 and go long to solidify support; long positions should continue to be held while waiting to reach the T2 target position for exit, and simultaneously move to a breakeven stop loss; the T1 target of 10.75 was precisely reached because it is the golden 618 position between 10.82 and 10.63, hence it was accurately hit.

Trading strategy remains unchanged; if you have positions, continue to hold; if you don’t have positions, wait for Bitcoin to pull back to 10.63 without breaking it, or a false breakdown to re-enter long positions, with a stop loss at 10.59, targeting 10.75 and 10.82; consider placing a short position at 10.82 with a left-side ambush or wait for a false breakout to enter short positions with a stop loss at 10.89, targeting 10.7 and 10.63;

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