6.29 Cryptocurrency Mr. Coin: Bitcoin (BTC) Market Analysis Reference

The overall daily trend of Bitcoin maintains a wide range of fluctuations, with both bulls and bears pulling back and forth by hundreds of points. The price stabilizes above 107,000, but the market has not stabilized for further upward movement. Compared to yesterday's trend, the fluctuation range has slightly compressed. If the price cannot achieve a strong rebound and break through previous resistance, it is expected that the fluctuating market will continue for a while.

From a short-term hourly chart perspective, the market is under pressure and has fallen back. The current price is fluctuating at a relatively high level within the range, around 107,200. In the short term, it is expected that the price will continue to fluctuate for a while. The current trend is about to approach the middle track support. If the range fluctuation repair is completed and there is no strong rebound afterward, the coin price has a tendency to break down. There is also a risk that the market will further test the 105,500 line. The overall trend of Bitcoin still maintains a wide range of fluctuations, so in terms of operation, it is advisable to maintain high short and low long positions. The upper resistance to watch is 108,500, and the lower support to watch is 105,800.

6.29 Short-term Bitcoin Reference:

Lower test entry point 107,600-108,500, stop loss at 110,000, loss limit: 500, target below 106,800,

Upper test entry point 105,000-106,000 long, stop loss 500, defend 104,000, target above 107,000,

Article sending has a delay, strategy suggestions are for reference only, the market changes rapidly. No matter how high the judgment and grasp of the market are, take profit and stop loss must be managed properly, securing profits is essential #BTC #BTC走势分析 #ETH #美国加征关税 #香港加密概念股