6.23 Morning Analysis

Yesterday’s current price of 65,500 briefly dipped to around 63,280, achieving over 2,200 points + good results!!

Currently, BTC is in a medium-term bearish dominant pattern, with the price continuously under pressure below the MA60, and the slope of this moving average is downward, confirming that the market’s average cost is moving lower, indicating a weak medium-term trend. It is worth noting that prices across different cycles are highly converged, indicating that this morning the bulls and bears are in a narrow tug-of-war, but the moving average system on the 4-hour and daily charts forms clear resistance, limiting the rebound space.

This position is a “weak consolidation” rather than a confirmed bottom, and it is not advisable to buy on the left side. If a rebound reaches the moving average resistance zone and volume diminishes, it may trigger a second decline; if the price drops sharply with increased volume and breaks the recent low support, it will open up new downside space. The current optimal strategy is to wait on the right side—either wait for the price to effectively break above the short-term moving averages with bullish divergence indicators, or wait for a volume spike with long lower shadows after panic selling. Until the moving average bearish arrangement is resolved, all upward movements should be viewed as rebounds, and patience is more important than prediction.

Trading suggestion: 64,500-65,000 points, target 62,500-63,000. $BTC $TSLAB $SPCXB #SpaceX股价盘前跌4.6% #伊朗原油降价 $ETH $USD1