Mr. Coin Circle: 6.22 Bitcoin (BTC) Market Analysis Reference
Bitcoin's intraday rebound is pressed near 64500, subsequently the market corrects and enters consolidation; the support at 63000 has not been broken. Viewing the short-term 4-hour pattern, it has not deteriorated, and the price remains stable above the middle band of the Bollinger Bands, the MACD bullish red bars have not disappeared, and the medium-term overall trend remains bullish. This decline is merely a washout during the upward movement, with the true bull-bear dividing line at 62200. As long as this level is not effectively broken, there is no need to panic and turn bearish.
Funds have slightly flowed out 129 million, and there hasn't been a large-scale liquidation stampede in positions, which is a normal correction. There are two possible movements ahead: if oversold rebounds and stabilizes at 64000, it can continue to push higher; if the rebound cannot surpass 64000, it will test the 63100 support again. Once 63100 is lost, the adjustment will deepen, directly aiming for the 62200 mark. Follow Mr. Coin to analyze the market in real time.
6.22 Bitcoin Short-term Reference:
Sell in the 65500-64500 range, protecting at 67500, stop loss at 500 points, target looks below 73500.
Buy in the 61300-60300 range, target above 62500, stop loss at 500.
Messages may have delays, strategy suggestions are for reference only. The market changes rapidly; no matter how high your judgment on the market is, it is essential to manage profits and losses properly, securing profits is key.
6.22 Ethereum Short-term Reference:
In the 1815-1785 range, defend at 1870, target below 1730.
In the 1610-1680 range, defend at 1510, target above 1720.
Messages may have delays, strategy suggestions are for reference only. The market changes rapidly; no matter how high your judgment on the market is, it is essential to manage profits and losses properly, securing profits is key.
For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor’s public account (Mr. Coin Talks Currency) to get the addition method: the first ten each day can receive free exit strategy provision.
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