#比特币 June 12【Market Analysis】
After being blocked at a high position, Bitcoin has formed a short-term oscillating convergence range. After a brief drop below, the bears temporarily hold the advantage, resulting in an inertial extension. On the daily chart level, the broad oscillation pattern remains unchanged, but the Bollinger Bands (BOLL) show significant signs of narrowing, suggesting that after short-term fluctuations, the oscillation range is tending to contract. On the four-hour chart, the oscillation adjustment trend is more evident, with both bulls and bears taking turns to dominate. Although the price broke below the previous low in the early morning, there are clear signs of reaching a support level.
Initial signs of a stop-loss signal are emerging. In the short term, attention should be focused on the performance of rebound momentum.
