6.1 Morning

Thought process analysis and forecast:
The overall structure of the pancake in the early morning shows an initial choppy upward exploration, followed by a sharp rise and fall. The low point rebounded from around 73,340, reaching a high of about 74,179, but the area above 74,000-74,500 faced obvious resistance. It quickly fell back to around 73,600, indicating that the bulls lacked continuation after the surge. The USDT (a term possibly referring to a related asset or indicator) also moved strongly then retreated, with the lowest near 1992 and the highest rising to around 2022, but the selling pressure above 2020 remains heavy. Currently, it has returned to oscillate around 2010. From a capital perspective, the rebound phase in the early morning saw some volume release, but the funds chasing the high are noticeably cautious, and short-term leverage longs are showing signs of cooling down. Technically, MACD's short-term momentum is weakening, KDJ is turning at a high level, and RSI has fallen to a neutral-weak zone, indicating a continued need for a short-term pullback. On the news front, Middle East tensions still influence oil prices and risk assets. Recently, Israel's actions toward Lebanon have escalated, supporting oil prices due to uncertainties around the Strait of Hormuz and US-Iran negotiations. Meanwhile, the market is paying attention to US inflation and employment data's impact on the Federal Reserve's rate path. The relatively stable dollar also limits the rebound space for cryptocurrencies. Additionally, Bitcoin ETF funds have recently been flowing out continuously, and short-term market sentiment remains cautious. Overall, the morning strategy is mainly to short on rebounds after resistance.

Trading suggestions:
Big pancake: Short near 74,000-74,500, target 72,500, 72,000.
USDT: Short near 2020-2040, target 1980, 1960. #美伊谈判博弈 $BTC $ETH