After the big drop on June 13 to a low of 102600, the overall market has entered a phase of consolidation, with the price repeatedly fluctuating around 105500.

Currently, looking at the hourly candlestick chart, the Bollinger Bands are starting to narrow, and the candlesticks have attempted multiple times to break through the upper band but have failed each time, indicating significant resistance above. Although the MACD is in the bullish zone, the momentum bars are shortening, suggesting a weakening upward momentum. The KDJ indicator is also at a high level, indicating a need for a pullback.

Overall, this rebound lacks volume support and remains in a weak consolidation phase under a bearish trend. If it cannot break through the upper resistance with increased volume soon, the market will likely retreat again, so avoid blindly chasing high prices. #美国加征关税 #BTC走势分析