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Market Trend Analysis: $BTC (2026-6-2)
Currently, the daily level has experienced a downward break, and the important support level is around the 70,000 integer mark, which is very likely to trigger a rebound.
There are $230 million worth of short positions waiting to be liquidated around 72,200. The more short positions accumulate above, the higher the probability of a rebound. Structurally, it is also a time for a rebound.
Currently, going long has a higher cost-performance ratio, but the overall market trend is still bearish, so if you go long, be sure to set a good stop-loss.