BTC trend analysis on June 5, 2024

Daily chart: BTC had a large amount of funds bought yesterday, and it rose by about 1,750 points. It has been in large volume for two consecutive days, showing a double positive K. It is likely to continue to rise today. The upper resistance is around 71,600, and the big resistance is around 72,700. It is likely to rise to between 71,500 and 72,700 today, which is not suitable for short selling. The moving average shows a bull market, the MACD fast and slow lines are on the 0 axis, and the JOLTs job vacancies in the United States yesterday were 8.059 million, which was lower than the previous value and market forecast, bringing good news. The greed index is 75, and it is recommended to buy on dips. $BTC