The large cycle is technically at a daily support level that was quickly broken and then recovered, leading to an awkward situation of a rise followed by a drop. Bitcoin: The 4-hour chart shows a symmetrical triangle convergence, with the EMA cluster (105800–106200) forming dynamic resistance, suppressing price movement upwards. The Parabolic SAR continues to be above the candlesticks, confirming a short-term bearish advantage. Support: 103600, Resistance: 107300 Auntie: The MACD on the hourly chart has entered the bearish zone, and the RSI < 50 strengthens the downside risk. The VWAP and SAR have turned bearish, indicating a weak short-term trend. Support: 2480, 2420, Resistance 2635 #BTC #ETH
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Coinworld
· 06-19 04:20
June 19, 2025:
The large cycle is technically at the daily chart support level, which was quickly broken but then regained, leading to an awkward situation of a rise followed by a fall.
BTC: The 4-hour chart shows a symmetrical triangle convergence, with the EMA cluster (105800–106200) forming dynamic resistance, suppressing price upward movement. The parabolic SAR remains above the Candlestick, confirming short-term short positions advantage.
Support: 103600, Resistance: 107300
ETH: The hourly chart MACD has entered the Bear Market zone, and RSI < 50 reinforces the downside risk. VWAP and SAR have turned bearish, indicating a weak short-term trend.
Support: 2480, 2420, Resistance: 2635
#CRT June 19, 2025:
The large cycle is technically at a daily support level that was quickly broken and then recovered, leading to an awkward situation of a rise followed by a drop.
Bitcoin: The 4-hour chart shows a symmetrical triangle convergence, with the EMA cluster (105800–106200) forming dynamic resistance, suppressing price movement upwards. The Parabolic SAR continues to be above the candlesticks, confirming a short-term bearish advantage.
Support: 103600, Resistance: 107300
Auntie: The MACD on the hourly chart has entered the bearish zone, and the RSI < 50 strengthens the downside risk. The VWAP and SAR have turned bearish, indicating a weak short-term trend.
Support: 2480, 2420, Resistance 2635
#BTC #ETH