June 28 BTCUSD BingX Chart Analysis and Today's Headline

Based on the 4-hour chart, Bitcoin is expected to continue oscillating within the range of $30,000 to $31,000. Without a significant breakthrough, there is no clear one-sided momentum. Currently, BTC's Bollinger Bands show a contracting pattern, with the candlesticks finding support at the lower band and rebounding towards the midline resistance, without a clear breakthrough in price. On the daily chart, Bitcoin has experienced three consecutive bearish candles, but the decline has been limited, and the key support at $30,000 has not been breached.

Today’s Cryptocurrency Headline

NFT Marketplace Magic Eden to Add Support for Bitcoin BRC-20 Tokens

According to the official Twitter announcement, NFT marketplace Magic Eden will be adding support for Bitcoin's BRC-20 tokens, allowing users to trade these tokens and enabling creators to launch new tokens through its launchpad. As reported by Decrypt, Magic Eden will introduce support for BRC-20 tokens, with a small transaction fee for BRC-20 trades on the platform. For newly listed BRC-20 tokens offered through the launchpad, Magic Eden will donate half of the associated fees to the Ordinals protocol team.

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