【BTC】Clinton Daily Analysis June 28
24-hour trend [down]
【Buy and sell points】
Buy point 1: 60000 USDT (integer level, previous low support)
Buy point 2: 59000 USDT (further down to a stronger support level)
Long stop loss point: 58500 USDT (buy point 2 a little lower to prevent false breakthroughs)
Sell point 1: 63000 USDT (near the previous high, there is selling pressure)
Sell point 2: 64000 USDT (further up to a stronger pressure level)
Short stop loss point: 64500 USDT (sell point 2 a little higher to prevent false breakthroughs)
【Price trend analysis】
K-line pattern:
The recent K-line shows obvious volatility, especially the sharp drop on June 24 (from 63210.01 to 60293.3), and the price fluctuated between 60000 and 62000 in the following days. A small rebound was formed from June 25 to 28, but it failed to break through the previous high, indicating that the upper pressure is relatively large.
Technical indicators:
MACD: MACD continues to be in the negative area, and both DIF and DEA diverge downward, indicating that the current market is still in a bearish trend. RSI: RSI is currently 35.52, close to the oversold zone, but has not yet entered the extreme oversold state. It is necessary to pay attention to whether it will further decline or rebound signals will appear. EMA: The short-term EMA7 (62139.48) is lower than the medium- and long-term EMA30 (65023.58) and EMA120 (62914.19), and the three are in a bearish arrangement, confirming the current downward trend.
Trading volume:
The trading volume on June 24 was significantly enlarged (52161), accompanied by a sharp decline, indicating that the selling pressure was severe. The trading volume decreased in the following days, but it still remained at a relatively high level, indicating that the market sentiment is still relatively cautious.
Comprehensive analysis:
Currently, BTC/USDT is in a clear downward trend, and both technical indicators and trading volume support this judgment. It is recommended to analyze trading points along the trend direction, focusing on integer points and previous low support. $BTC