Evening Analysis on June 15

In the afternoon, the pancake faced pressure from 106000↓, dipping to the 104800 level, and after completing a second test, it effectively stabilized. In the subsequent decline phase, the volume in the suburbs increased by 22% compared to before, but during the stabilization phase, the volume in the suburbs quickly shrank to 55% of the average. This indicates that as the pressure↓ eases, the selling pressure gradually↓ lessens, and in the short term, both sides reach a weak equilibrium at 104800, suggesting that the strength of the buyers has not yet established dominance. Market sentiment has also gradually shifted from panic selling to a neutral wait-and-see approach, indicating a demand for correction in the short term.

From the perspective of the moving average system, the 5-day moving average and the 10-day moving average form a short-term pressure zone, while the 20-day moving average and the support level resonate with each other, becoming a key watershed for both parties. In conjunction with Bollinger Bands, if Bitcoin can successfully rise above the middle band of Bollinger Bands, the opening of the bands will widen, further confirming the short-term rebound trend.

Suggestion

Bitcoin: Fluctuating around 104500 - 103800, with a target near 105600 - 106400.
Eerbing: Fluctuating around 2490 - 2460, aiming for around 2550 - 2580.

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