0626 Bitcoin Market Report 📢📢📣📣 #加密市场反弹# #港股币股热潮#

The price of Bitcoin continues its strong breakout trend, rising above $108,000 under the influence of multiple favorable factors. The technical indicators and on-chain data present a resonant bullish signal, but caution is needed regarding short-term overbought risks. On-chain data shows that mid-term holders who have held for 3-6 months have stabilized the price at $98,000, which coincides with the F-VG support zone, becoming the core area for bullish defense. Additionally, Bitcoin has quickly desensitized from geopolitical shocks, and the "digital gold" narrative boosts market confidence, indicating continued inflows of ETF funds, supply tightening post-halving, and institutional allocation demand. The latest entrant, the giant GameStop, announced an increase of 4,710 Bitcoins. Bitcoin reached a daily high of $108,200, up 1.2% from the previous day, exhibiting characteristics of breaking resistance and releasing bullish momentum.

🔊🔊 Indicator Signal: The daily level price has broken through the Fibonacci 38.2% retracement level (107,650 USD) and has held above the psychological level of 108,000 USD. The MA-CD green bars continue to expand, and the D-IF line is moving upward away from the zero axis, indicating a significant enhancement in bullish momentum. The Bollinger Bands at the 4-hour level are widening, with the price running below the upper band (108,550 USD). The RSI( has entered the overbought zone, showing strong short-term momentum but caution is needed for potential pullbacks. Short-term moving averages: E-MA 7 (107,200 USD) and E-MA 300 (110,650 USD) have formed a golden cross, with the price stabilizing above this level, establishing a short-term upward trend. If the price retraces and stabilizes near E-MA 30, it may create a second buying opportunity.

🔊🔊Key patterns and breakout confirmation: The 4-hour chart shows a "bullish pennant" pattern, with lows continuously rising and highs gradually converging. If it breaks the resistance level of $108,050, the target price could look to break the historical high above $114,000, with a short-term target to temporarily pay attention to whether $109,100 (Fibonacci extension level) faces resistance. If it does not, it may trigger the main upward wave; if it falls below $103,800, a reassessment of the short-term trend is needed.

🔔🔔Summary and Outlook: Bitcoin is currently at a critical stage of short-term upward breakout and mid-term trend reversal. Technical indicators show that bullish strength has significantly increased, but the mid-term trend still needs to observe the breakout direction of the support at 103,800 USD and the resistance at 108,000 USD, as well as the confirmation of trend reversal at the resistance of 110,000 USD. A comprehensive strategy of "short-term pullback for long positions + mid to long-term accumulation on dips" is recommended, with a priority on risk control.

🔑🔑Operational Suggestions: 1. Range Trading: Sell high and buy low in the range of $10.7-10.9, setting take profit and stop loss at $10.65, $10.85, and $10.92. 2. If the price stabilizes at $10.8 and breaks through the resistance of $10.9, the target looks towards $11.0-11.2, with a stop loss below $10.6. 3. If it drops below $10.7 and fills the lower shadow, consider shorting near $10.8 on a rebound, targeting $10.5.

(Special Reminder: The above is for readers' reference only and should not be used as an investment basis.)