Morning Analysis on 6.28
After the early morning, the main cryptocurrency reached 107,700 before pulling back, with the lowest point touching 10,6600, and then it gradually recovered lost ground in a stepwise manner.
Looking at the hourly Bollinger Bands, the three lines are converging horizontally, indicating that the market has entered a narrow oscillation range. The main cryptocurrency is currently rebounding from the lower support level and is close to the middle resistance level.
From the MACD indicator: the dual lines have formed a death cross below the 0 axis, and currently, the dual lines are maintaining a parallel downward trend, indicating that bearish momentum is further strengthening.
Main Cryptocurrency: in the range of 107500-108000
Target: in the range of 106000-105500
Secondary Cryptocurrency: in the range of 2500-2550
Target: in the range of 2410-2370
