Thursday, June 26, Bitcoin Latest Market Analysis
The daily K-line reached a high of 108,000 and a low of 105,200. Bitcoin has broken through the important resistance level of 106,800 mentioned earlier. The EMA trend indicator has shifted from a contracting bearish phase to a bullish divergence trend. The MACD shows a decrease in volume, and both DIF and DEA are contracting.
If it breaks through 109,000 again, there is a high probability that the bullish trend will start to challenge 110,000, but if it doesn't break the key resistance level, the bearish trend will continue. Therefore, it's essential to pay attention to the changes in trading volume at this point. The market has reached this moment, and compared to the bullish trend, the space for the bullish trend is much smaller. To be prudent, it is safest to wait for high positions to trade!
Operation Suggestions:
BTC rebound within the 108,000-108,500 range to sell, target 106,500; if it breaks down, continue to look at 105,000.
ETH rebound within the 2,440-2,470 range to sell, target 2,350; if it breaks down, continue to look at 2,230.



