GongHeBit
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Analysis on the evening of June 28


The pancake maintained a narrow range oscillation between 107000-107500 in the afternoon, showing a mild retracement during the day, with the overall fluctuation narrowed to within 0.5%.
From the hourly Bollinger Bands perspective, Dian Wei is operating between the middle band and the upper band, and is gradually approaching the middle band, indicating that short-term momentum is currently under pressure, with a tentative test towards the lower band. The middle band is flattening out, forming a resistance zone with the upper band.
From the MACD index, the two lines are running parallel and moving upwards, indicating that the momentum has not yet formed an effective volume increase, and the short term may continue to oscillate and consolidate.
Bitcoin: fluctuating around 107800-108500
Target: around 106600-106000
Two cakes: around 2460-2500
Target: around 2390-2350

#BTC# #ETH#
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