June 28: Bitcoin is in a high-level consolidation phase, with an overall bullish trend, but there is short-term pullback pressure. The daily chart shows a decrease in volume, indicating that the market has entered a washout phase, awaiting possible bottom signals in July.
1. Review of Yesterday
$BTC: The lowest point yesterday was 106356, the highest point was 107735, with a fluctuation of 1378 and an amplitude of 1.28%.
$ETH: The lowest point yesterday was 2377, the highest point was 2463, with a fluctuation of 86.38 and an amplitude of 3.51%.
2. Today's Analysis
BTC's current price is 107325. Bitcoin is in a high-level consolidation phase, with technical indicators showing short-term pullback pressure, but the long-term bullish trend remains unchanged. Macro policies are favorable (such as the GENIUS Act), providing support for prices. Short-term focus is on the breakout direction of the 106,000-109,200 USD range. Recent trading volume has increased, indicating high market participation, but there is a divergence between price and volume, requiring attention to changes in sentiment. The RSI is at a healthy level, indicating that the uptrend is not damaged. The 4-hour level shows a decrease in volume with certain support indicated on the candlestick chart; a rebound may occur in the short term.
BTC Resistance: The 108,200-109,200 USD range is upper resistance, and if broken, it may challenge 110,000 USD or even 130,000 USD.
BTC Support: The 106,000-107,000 USD range serves as short-term support; if broken, it may further test the strong support level at 105,000 USD.
ETH's current price is 2421. On June 27, Ethereum's daily chart closed with a small bearish candlestick in a doji pattern, and the trading volume was roughly flat compared to the previous day, indicating a temporary balance between bullish and bearish forces in the market. The daily MA30 (30-day moving average) is still in a downward trend, indicating that the market is still in a weak adjustment phase in the short term. The MACD indicator is below the zero line, showing weakened downward momentum. If a bullish candle can be formed in the next day or two, the MACD may form a golden cross, suggesting the possibility of a short-term rebound.
ETH Resistance: 2475-2500 USD (short-term pressure), 2700-2800 USD (rebound target).
ETH Support: 2350 USD (short-term support), 2300-2268 USD (pullback target range), 2000 USD (stronger support).
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