Bitcoin analysis on June 28:

On Monday, Bitcoin plummeted to $58,500 and then rebounded. It has now experienced four days of consolidation. The current consolidation area is very close to the downward trend line. If Bitcoin chooses to break upward, it may bring a carnival to the bulls. From the daily level, the key point to pay attention to is that the potential resistance point above after the breakthrough is around $64,500, which is also the price position of the CME gap.

From a smaller level, Bitcoin's $62,500 resistance level has been tested many times, but it has not yet been broken, which indicates that there is short liquidity above. Even if Bitcoin is to fall for the second time, it may make a false breakthrough, clear the liquidity above, and then choose to fall. Therefore, it is still necessary to wait and see whether it rises or falls. There will be data released tonight, and we need to pay close attention to market trends.

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