0625 Bitcoin market report 📢📢📣📣 #加密市场反弹

The price of Bitcoin continues to show a strong rebound trend, breaking through key resistance levels and opening up upward space. Bitcoin reached a daily high of 107,000 USD, up 1.55% from the previous day, with trading volume expanding to 49.9 billion USD. This trend marks an effective breakthrough of the 106,000 USD resistance level, forming a "head and shoulders bottom" pattern with a neckline breakthrough, and the next target is expected to point to 109,000 USD. If the upward trend continues, the mid-term target could expand to above the historical high of 114,000 USD; if there is a pullback, the short-term support level rises to 103,800 USD, with mid-term support at 102,500 USD (Fibonacci 38.2% retracement level).

🔊🔊 Indicator Signal: The price remains above the 50-day and 200-day moving averages, indicating that the medium-term bullish trend is unchanged; the 4-hour chart shows the price running along the upper Bollinger Band, with the channel expansion suggesting that volatility may further increase. The daily MA-CD green bars continue to expand, and the D-IF line is moving upwards towards the zero axis. If the volume continues to increase, it may confirm a trend reversal, while also needing to guard against short-term profit-taking pullbacks.

🔊🔊Key Patterns and Support Resistance: The 4-hour chart shows the Bollinger Bands narrowing and then opening upwards, with the price breaking above the upper band (106500 USD )) accompanied by increased trading volume, confirming a bullish dominance; the Super Trend Indicator has shifted to a bullish mode, with dynamic support rising to 10200 USD. If the price continues to stabilize above 105800 USD, it may initiate a major upward wave; if it falls below 103800 USD, a reassessment of the short-term trend is required.

🔔🔔 Summary and Outlook: Bitcoin is currently at a critical stage of short-term oversold rebound and medium-term trend reversal. Technical indicators show a significant increase in bullish strength, but a breakthrough of the $107,000 resistance is needed to confirm the trend reversal. Pay close attention to changes in trading volume and breakthrough signals at key resistance levels, prioritizing risk management while seizing potential opportunities.

🔑🔑Trading Suggestions: 1. Intraday Range: You can sell high and buy low within the range of $105,000 to $107,000, relying on $106,500 and $107,200 to set profit targets. 2. If the price stabilizes above $106,000 and breaks through the resistance at $107,000, the target looks towards $108,000 to $109,000, with a stop loss below $104,000. 3. If it falls below $105,000 and fills the lower shadow, you can consider going short near $106,000, targeting $103,800.

(Special reminder: The above is for reference reading only and should not be used as investment basis.)