Xiao Yao Kol: Bitcoin Midday Market Analysis 6.19
The daily chart for Bitcoin shows that on June 17th, a large bearish candle appeared (high-level pullback), followed by two days of slight rebound, but overall it remains in a consolidation phase after the decline. The 4-hour chart has recently displayed continuous long upper shadows and short body candlesticks, indicating heavy selling pressure above, with clear divergences. In the 4-hour cycle, both the DIF and DEA are operating below the zero axis, and the histogram continues to show negative values, suggesting that the current market remains bearish. The price has fallen below EMA7, EMA30, and EMA120, and EMA7 has crossed below EMA30 to form a death cross, indicating that the short-term trend is still under pressure. It is recommended to sell high during the day.
Trading advice: Enter Bitcoin around 105300 to 105800, with a target near 103500; for Ethereum, enter around 2630 to 2660, with a target near 2460. This article is time-sensitive, and market conditions are constantly changing. Friends who are entering the market should primarily rely on real-time guidance. #我的交易风格 $BTC