6.27 BTC market analysis: Emergency notice, the overall bulls are weakening, and the market is likely to continue to consolidate or bottom out for the second time.
The daily level has a large volume of pins after a continuous decline. Generally speaking, this is a panic sell-off. The panic sell-off at a low level is more of a signal of short exhaustion, so it is accompanied by a large rebound, but today's rebound is not strong. Yesterday's trend can only be regarded as an oversold rebound. If the daily line closes with a long upward lead negative line, then tomorrow will continue to bottom out. Wait for the stop loss signal to appear before buying.
For the current trend, there is no clear bottom confirmation signal, it is just a preliminary prototype. When the price stands at the opening price of 63,000 on Monday, it will reverse the weakness and break through 67,000 to strengthen. For now, the market has a large volume of pins. It is not a wise move to chase the short-term. The price is still supported by buying above 60,000. The strength of the rise after the oversold rebound is getting weaker and weaker. At present, it has gone out of the oscillating downward trend. In the short term, there is still a need to continue to bottom out.
BTC operation suggestion: short when it rebounds to around 62000-62500, target 61000-60000, break 59000. Real-time guidance: btc3096
Although I can't give you a very accurate point, I can give you a certain sense of direction. If you take the initiative, we will have a story. If the recent operation is not ideal and you can't find the direction, you may want to understand the currency circle and learn some technical knowledge. You may pay attention to me. #以太坊ETF批准预期 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #Meme板块普涨 #美国PCE数据将公布 $BTC $ETH $BNB