6.19 Big Pie Summary and Analysis $BTC

Today's Bitcoin trend is attracting attention. From the morning opening to the afternoon period, the Bitcoin price showed a high degree of stability, fluctuating within a narrow range around 104631. During this time, the forces of both bulls and bears in the market were relatively balanced, and neither technical indicators nor various news factors were able to break this delicate balance. The price fluctuation range was extremely small, indicating that the market was in a relatively cautious wait-and-see state. At six o'clock in the evening, there was a sudden change in the market, with the price dropping from 104900 to 104096, followed by an upward trend.

From the chart perspective, after the coin price rebounded from the key support of 103500, although the hourly moving averages showed short-term weakness, the distance between the moving averages did not significantly diverge, indicating that short-term selling pressure has not continued to increase. Although the MACD indicator is in the negative range, the green bars have not continued to lengthen, showing signs of contraction, suggesting that bearish forces may be weakening. If a golden cross forms subsequently, it will strengthen the rebound signal.

Big Pie is hovering around 103800, looking at 106000.

Auntie is around 2480, looking at 2570#比特币 .