‼️June 6th [BTC Market Analysis] + Today's encryption news collection 📉📈 ‼️

The current market is experiencing emotional fluctuations in the short term, primarily influenced by the dispute between Trump and Musk on social media, leading to panic among some investors. However, it is important to note that this event has not fundamentally changed the market's fundamentals, and such overreactions are often quickly corrected by the market.

From a technical perspective:

📍Short-term resistance level: 103,000 USD
If the price breaks through and stabilizes at this position, we can further look at the resistance in the 105,000 USD area.

📍Strategy Recommendations:
The current market is in a rebound repair stage. Short positions can be selectively entered in the range of 103,000 to 105,000, and it is essential to set stop-loss orders to control risk. If the rebound cannot effectively break through the above resistance, the trend remains weak.

📍Support Expectations:
The overall inclination is still not to phase below 100,000 USD. If there is an unexpected drop and it effectively falls below, consider gradually building a position around 95,000 USD. It is recommended to initially control the entry at 10% of the position and make dynamic adjustments based on subsequent market sentiment and structure.

⚠️The above analysis is for reference only. Please develop strategies based on your own risk tolerance. At the same time, you can also layout mainstream coins and altcoins in conjunction with the BTC linkage effect.

📊 Market Data Brief:

• Liquidations across the entire network in the past 24 hours: 980 million USD
• Total Contract Positions Across the Network: 142.5 Billion USD
• Total transaction volume: $349.2 billion

🧨 Cherish life, stay away from heavy contract positions.