6.2 Tuesday Afternoon Market Analysis

Bollinger Middle Band 71050.8, Upper Band 71669.2, Lower Band 70432.3, price is under pressure below the Bollinger middle band, maintaining a complete downward channel, with multiple layers of resistance above, limiting short-term rebound space.
The short-term MA10 and MA20 moving averages are diverging downward simultaneously, directly suppressing the price; the medium to long-term MA89 moving average is at 71797.0, forming a mid-term core resistance zone, and the price rebound will face multiple resistances.
DIF and DEA double lines are running below the zero axis, with the bearish momentum bars slightly narrowing, indicating a slowdown in the decline pace, but no trend reversal signals have appeared; the market remains in a weak bearish dominance pattern.
Indicators have turned upward with a golden cross after reaching oversold zones, showing a short-term technical correction demand, but under the suppression of a larger bearish trend, the rebound strength is limited, and it can only be seen as a weak pullback.
BTC Trading Advice: Short at 71,000-71,500, stop loss at 72,300, take profit at 70,300-69,500.