$$BTC

K-line pattern:

The recent K-line shows that the price fluctuates greatly. From 21:00 to 22:00 on June 3, the high point of 70372.9 appeared and then fell significantly. In the latest few hours, the price fluctuated around 68000 and no clear trend was formed. Between 19:00 on June 2 and 23:00 on June 3, the price rose from 67577.4 to 69650.0, forming a long positive line, and then the price adjusted.

Technical indicators:

MACD indicator: Both DIF and DEA are in a downward trend, and the MACD value turns from positive to negative, indicating that there may be further downward pressure in the short term. KDJ indicator: The J value is lower than the K and D values ​​in the latest data, and all three are in a downward trend, which usually indicates a potential weak market. EMA indicator: EMA(7) is always above EMA(30), but the gap is gradually narrowing. If EMA(7) crosses EMA(30) downward, it may be a sell signal.

Short-term advice: Buy on dips and sell on rallies. I generally do not recommend short orders, so I recommend buying on dips.

Buy near 68500, target 69400