6.14 Crypto Circle Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Bitcoin experienced a significant pullback and rebound in the morning, with the price breaking through the short-term resistance area, but not surpassing the critical resistance zone of the daily Bollinger middle line at 106500. Currently, the trend is above the 105000 level, but after multiple tests, it has failed to break through again. The focus going forward will be on the breakout situation of this area.

The 4-hour level shows consecutive bearish candles breaking below EMA7 and EMA30, but it has not broken the previous low, forming a potential double bottom structure. On the 1-hour level, there is repeated testing of support at the 105000 round number, forming long lower shadows. MACD: The 4-hour DIF and DEA are dead crossing below the zero axis, but the green bars are shortening; the 1-hour shows a bottom divergence, and the 4-hour RSL remains in the neutral zone around 40. The 1-hour has rebounded from the oversold area to 49. EMA: The price is being pressured by EMA7 (105517) and EMA30 (106717), but EMA120 (106047) remains above, constituting strong resistance. The strength of the intraday rebound continues to weaken, and the focus going forward will be on the breakout of EMA30. If it can break out, the price may move further; conversely, if it cannot break through for a long time, there is a risk of a price correction. Without a breakout, it is advised to short on rebound and long on correction, to capture range profits.

6.14 Short-term Bitcoin Reference:

Downward test entry point 107800-106500, defend 108800 to add, stop loss: 500 target below 106000,

Upward test entry point 102500-103500 long, stop loss 500, defend 100500 to add, target above 104500,

The article is sent with a delay, and strategy suggestions are for reference only. The market changes rapidly; no matter how confident one is in market judgments, it is essential to maintain profit-taking and stop-loss measures. Secure your profits.