Analysis for June 24


Yesterday, the US stock market opened low and rose high. As expected, in the evening, it dropped from around 10w26 to near the 10w mark, perfectly stopping at the operational level. However, the good times didn't last long as Bitcoin skyrocketed ↑ to around 10w33, and when I woke up, the world had changed again. Currently, due to the smoke of battle, it has paused and returned to around 10w5, with hopes of continuing to rise ↑. Pay close attention to the 10w6 level and adjust flexibly according to market trends.

From a technical perspective, the overall fluctuation adjustment is analyzed. In the MACD, there is a golden cross below the zero line, but a golden cross below the zero line is a weak signal. As it approaches the zero line, it is highly likely to encounter resistance. The RSI value is 61.44; although it has entered the relatively strong area, it has not reached overbought levels. Once it changes, the RSI will quickly fall back. In this situation, it is advisable to maintain a focus on high volatility in the morning. (Defense is crucial.)

Rebound near the line of 10w61 to 10w56 - do a K-line
The target looks at the line near 10w48—10w43.
Bounce around the 2440-2420 level to make a deal.
The target is around the 2385—2355 line.
BTC0.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)