📈 $BTC (2025-06-29 08:15) | Long-Short Trend Index: 62 / 100 (Consolidation Leaning Strong)

BTC maintains sideways consolidation above 107,000, with multi-period trends entering a consolidation phase. Short-term indicators appear slightly weak, but the daily and weekly trends remain biased towards bullish structure. Attention should still be paid to the resistance zones at 107,800 and 108,600 above, while the short-term support is located at 106,000. A fall below this level may trigger a technical correction.

🔹 Multi-Period K-Line Trend Judgment:

15-Minute Chart: High-level consolidation, MACD histogram weakens and flattens, RSI 46.3, short-term momentum weakens but no obvious breakdown.

1-Hour Chart: Long-short deadlock, MACD oscillates near the zero axis, RSI 49.8, price close to MA25, still not breaking through MA99, structure remains unclear.

4-Hour Chart: Maintains bullish arrangement but momentum declines, MACD red histogram narrows, RSI 56.7, in the early stage of bullish weakening.

Daily Chart: Steadily converging towards the middle band of the Bollinger Bands, MACD death cross slows down, RSI 55.9, rebound momentum under pressure, direction yet to be chosen.

Weekly Chart: Long-term bullish structure continues, MACD golden cross remains stable, RSI 62.6, support trend continues, but short-term slowdown is evident.

📊 Technical Indicator Analysis:

MACD: Daily and 1H structures flattening, 4H red histogram converging, weekly still holds golden cross, trend slightly biased towards bullish but momentum weakens;

RSI: All periods are in a neutral to strong range, no divergence formed, but no strong breakout signal;

Moving Average System: Short-term close to MA25 oscillation, 4H and daily still above MA99, indicating structure remains resilient;

Trading Volume: Multi-period volume continues to shrink, caution is needed for directional expansion after consolidation.

🌐 Macroeconomic News Summary (Last 24 hours):

1. Hong Kong SFC releases new guidelines for compliance virtual asset exchange review process (June 28, CoinDesk)

2. Bitcoin miners' open contracts reach an all-time high, market hedging sentiment strengthens (Glassnode, June 28)

3. Grayscale submits a revised prospectus for ETH spot ETF to SEC, with clearer statements (Bloomberg, June 28)

4. US Dollar Index DXY drops to 104.5, short-term weakening supports risk assets stabilizing in consolidation (Reuters, June 28)