6.20 Bitcoin Afternoon Market Analysis
Today's morning market was relatively stable, with limited fluctuations. The morning strategy accurately suggested positioning near the price level of 104100, and as of now, the market has steadily risen, with prices reaching 104734. Friends who kept up with the operational rhythm have successfully captured a profit of 634 points.
From the current market perspective, the afternoon market is showing a one-sided upward trend. Although the increase is relatively mild, the bullish forces in the market are gradually accumulating. From a technical standpoint, the MACD indicator's dual lines are converging, showing signs of a golden cross, which releases positive signals. Based on the current market trend, it is recommended that everyone continues to adopt a low-position long strategy in the afternoon to seize small profit opportunities. It is important to note that the overall increase is limited, so it is advised to control positions reasonably and be flexible with take-profit and stop-loss strategies.
Bitcoin🫓104400-104300 long, target 106300
