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6.30 Monday Market Overview: Is BTC about to break through major resistance?
The big coin closed this morning with a solid bullish candlestick, three consecutive daily bullish closes, and the weekly close above 10.82.
The 4H big coin closed above the 10.82 resistance; as long as the 4H big coin remains above 10.82, there is a chance to return to 11W, looking at the 4H close between 12-4 o'clock; at the same time, MACD shows signs of a golden cross, and the market is discussing that something big is coming, the big coin is preparing to return to 11W while altcoins are set to catch up.
The big coin is currently repeatedly testing the 10.82 support level, with previous resistance becoming support; if it retraces without breaking down or makes a false breakdown and then rebounds, enter long positions above, add positions at 10.73, defend at 10.63, target 11; or enter long positions near the trend line around 10.73, defend at 10.63, target 10.82 and 11; place a short at 11.02 with a defense at 11.08, target 10.82.
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