Evening operation analysis on June 16

From the 4-hour candlestick chart, a double bottom structure has formed in the 1053 area over the last 8 periods, and the current price has broken through the short-term downtrend line (previous high 107061). In terms of volume, the contraction during the decline and the increase during the rebound is a relatively positive signal. The current price is 1071, and it is building a bottom for a rebound. The current short-term resistance is at 1076 and 1086, while the key support levels are 1053 and 1046.

Going long: If it stabilizes above 1076, enter at 1077 - 108, targeting 1086, 1097, and 1112. However, if it falls below 1065, remember to cut losses in time.

Going short: Action can be taken if it breaks below the neck line at 1053. Set a position at 105 - 104, targeting 1035 and 1015, and cut losses if it rebounds above 106.

Risk control: The ultimate defense level is the 1046 double bottom neck line, while 1065 - 107 is a dynamic buffer zone, and 1086 is the dividing line between bulls and bears. The meat is already on the plate; whether to eat it or not is your choice #Metaplanet增持比特币 $BTC