$BTC June 1st BTC Latest Strategy Analysis


BTC:
The current price is around 73,276.9, with all 15-minute MA7 and MA30 moving averages suppressing the trend.
The MACD remains in a bearish trend, with a clear pullback and breakdown at high levels.
Short-term downward momentum continues to be released, and the probability of further decline is high.
Bearish logic:
Above 73,750-74,000 forms a short-term strong resistance, with the rebound high clearly pressured.
The downward volume continues to expand, and after encountering resistance during the rebound, it will continue to decline.
The initial target is 72,950, and if broken, the next target is 72,500-72,200.
Risk warning:
If the 73,750 resistance is effectively broken, the short-term downtrend will be invalidated.
Be alert for an upward move to the 74,200-74,500 range.
Main strategy: Slightly bearish
Open short zone: 73,300-73,600
First target: 72,500
Second target: 72,000
Stop loss: 74,050
BTC-3.93%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned