Evening Market Analysis on June 28

Currently in the cryptocurrency market, Bitcoin is caught in a small range of fluctuations, with bulls and bears battling in a limited space. Price volatility continues to narrow, and neither upward nor downward movements have formed effective breakthroughs. At present, the Bollinger Bands on the four-hour level are significantly tightening, which is usually a precursor to violent fluctuations. The narrow range of fluctuations combined with the four-hour tightening presents both risks and opportunities. Once the balance is broken, the market may experience rapid and significant volatility.

Trading Suggestions

Bitcoin: Watch around 107500-108300, look at around 106500

Altcoin: Watch around 2420-2460, look at around 2390-2340