🚀 BTC Technical Analysis: Key Battle of Support and Resistance
Market fluctuations continue - the breakout potential in June will determine whether the bullish movement can continue in the second half of the year. Resistance Levels 1. $105,825.4 The nearest current resistance. A breakout can trigger an upward momentum. 2. $106,502.9 Today's high, short-term bullish target. A breakout could put psychological levels at $107,000 - $108,000 at risk. 3. $110,000 It remains a critical medium- and long-term resistance level.
📉 Support Levels 1. $103,963.3 The nearest support is shown in the deep table, forming a double底 with today's minimum of $103,666.2. A breakout may accelerate the decline to $102,000. 2. $103,666.2 Today's minimum, the critical turning point. Holding may cause a rebound, while losing it will indicate weakness. 3. $100,000 The key psychological support level - watch for panic selling if it is reached.
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🚀 BTC Technical Analysis: Key Battle of Support and Resistance
Market fluctuations continue - the breakout potential in June will determine whether the bullish movement can continue in the second half of the year.
Resistance Levels
1. $105,825.4
The nearest current resistance. A breakout can trigger an upward momentum.
2. $106,502.9
Today's high, short-term bullish target. A breakout could put psychological levels at $107,000 - $108,000 at risk.
3. $110,000
It remains a critical medium- and long-term resistance level.
📉 Support Levels
1. $103,963.3
The nearest support is shown in the deep table, forming a double底 with today's minimum of $103,666.2. A breakout may accelerate the decline to $102,000.
2. $103,666.2
Today's minimum, the critical turning point. Holding may cause a rebound, while losing it will indicate weakness.
3. $100,000
The key psychological support level - watch for panic selling if it is reached.
🧠 Key Takeaways
• DMI Indicators: +DI (22.46) slightly above -DI (23.67), indicating a struggle between bulls/bears.
• ADX (14.14) indicates weak trend strength
This analysis, generated by artificial intelligence, is for informational purposes only and is not investment advice. Please conduct your own research and risk assessment before trading.