0619 Bitcoin market report 📣📣📢📢

Bitcoin prices oscillate between 103000-15550 USD, with the short-term market showing intensified characteristics of a tug-of-war between bulls and bears: the Bollinger Bands on the four-hour level continue to narrow, with the upper middle band slightly moving up, and prices hovering around the middle band (104400 USD), indicating that the short-term trend is unclear but volatility is converging; on the daily level, the MA CD indicator continues to strengthen the bottom divergence signal, the DI F line crosses above the DEA line, and the green bars begin to expand, suggesting a weakening of bearish forces and the accumulation of potential rebound momentum.

🔊🔊 Indicator Signal: The daily RSI is at 63.2, indicating a neutral zone, while the four-hour RSI has briefly peaked at 68.5 before pulling back, suggesting a weakening of short-term momentum but not a complete bearish reversal. If the daily RSI falls below 55, it could trigger further pullbacks; the daily Stoch has dropped from the overbought area of 99.3 to 78.5, indicating a need to guard against a significant pullback risk in the short term, but combined with the MA-CD golden cross, the pullback may present a buying opportunity.

🔊🔊Pattern analysis and potential signal breakout: Recently, the daily K line has formed a converging triangle (upper band 105550, lower band 103370) combined with MA-CD bottom divergence, suggesting that the breakout direction may be upward. However, if the price breaks below the lower band and fills the long lower shadow from June 7 (102800), it could evolve into a bearish trap. Therefore, a price breakout above the upper band should be accompanied by increased trading volume, and caution should be exercised for a pullback to $103,000.

🔔🔔Summary Outlook: Bitcoin is currently at a critical stage of short-term convergence and mid-term momentum buildup. Technical indicators show that bullish strength is gradually increasing, but an effective breakthrough of the $105,000 resistance is needed to confirm a trend reversal. Geopolitical risks and regulatory uncertainties bring volatility to the market, but the increase in institutional holdings and the halving cycle support a long-term bullish logic. Therefore, a strategy of short-term range trading combined with medium to long-term buy-on-dips should be adopted, with close attention paid to changes in trading volume and signals for breaking key resistance levels.

🔑🔑Operation suggestion: In the short term, you can high sell and low buy in the range of $103,000 - $107,000. After a breakout, follow up with buy orders. In the medium term, if it holds above $103,000, you can consider accumulating long positions on dips, with a target of $110,000 - $112,000. If it breaks below $103,000 and fills the lower shadow, consider shorting when it rebounds to around $104,000, with a target of $101,000 - $97,000.