#比特币 6月1日技术分析 / Bitcoin Technical Analysis

Price trend and trend line

The current Bitcoin price is $67,785.41. Judging from the recent trend, the price has experienced a period of relatively violent fluctuations. We can observe the following important trends:

Short-term trend:

The price has fluctuated around $68,000 in recent days, showing a certain market uncertainty.

Medium-term trend:

In the past few weeks, the price has fallen from a high of more than $70,000, showing medium-term downward pressure.

Long-term trend:

The price is still in the upward channel since the beginning of the year, but the recent correction has slowed down the upward trend.

Support and resistance levels

Resistance level:

$68030.16: This is a short-term resistance level, and the price has rebounded to this level many times but failed to break through. $68243.87: A stronger resistance level, and several attempts to break through in the past have failed, indicating that there is strong selling pressure at this level.

Support level:

$67512.21: A short-term support level, and the price has shown some signs of rebounding near this level. $67203.60: Strong support below, this level may provide strong support if the price continues to fall.

Ichimoku Cloud

Location of the cloud: The current price is below the cloud, indicating that the market is in a weak state. The top (Senkou Span A) and bottom (Senkou Span B) of the upper cloud form future resistance areas. Tenkan-sen: The current price is below the tenkan-sen, indicating a downward trend in the short term. Kijun-sen: It is also below the kijun-sen, further confirming the downward pressure on the market.

Other key data

Relative Strength Index (RSI): The RSI is currently around 50, indicating that the market is neither overbought nor oversold, and may continue to fluctuate in the short term.

MACD: The MACD line and the signal line are close to the zero axis, and the momentum column shows that the market is looking for a new direction.

Volume: The recent increase in trading volume indicates that market participation has increased. However, greater volatility also means increased risk.

Conclusion

The current Bitcoin price has shown a volatile trend in the short term and has touched key support and resistance levels many times. If the price can find support at $67,512.21 and rebound and successfully break through the resistance at $68,030.16, it is likely to usher in a rebound.However, if the price falls below the support level of $67,203.60, it may fall further.

Please choose a suitable investment strategy based on the above detailed analysis and pay close attention to market dynamics. Due to the high volatility of the market, it is recommended to adopt a cautious trading strategy and strictly set stop loss to control risks.