Bitcoin (large “big coin”) on the daily chart tests the bottom, then stabilizes and closes with a long lower shadow, while a short-term rebound correction has started.


At a larger level, an M-top pattern has formed, and the overall medium-term trend is bearish.

The current price is ranging around the 73,500 area. Pay close attention to the strong support at 73,000–73,600, with 74,000 as the line dividing bulls and bears.
For the short term, set up low-buy positions based on support. Rebound targets are 74,500, 75,500—76,000. If price meets pressure at higher levels, expect it to sell off again and consider reversing to short.

The 80,000 level marks the confirmation stage of the top. The gap has already been filled. After that, the market will chop and drift downward, with pullbacks that may tempt longs in the middle.

The market rhythm is: rise first, then fall. Do not blindly chase shorts.
Expect June’s coin price to pull back into the 60,000–70,000 range, and July and August will bring a deep decline.

Ethereum’s trend remains weak; it’s held back by being “sucked along” by Bitcoin, so its upside lags. Take a light long position around 1,970. Overhead resistance is at 2,055–2,075.
BTC0.91%
ETH1.49%
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