June 2nd Bitcoin Evening Public Strategy

Bitcoin opened the day at a high of 71,564 and continued to decline, forming consecutive downward candles, with the lowest point reaching 69,277.8, a maximum drop of over 2,200 points. It rebounded slightly at the end of the session to close at 69,566 with a small positive candle.

Throughout the day, the bears dominated, and all minor rebounds during the decline were met with resistance and pushed lower. Short-term buying appeared at low levels to support, temporarily halting the rapid plunge, but the long-term bearish structure remains intact.

Trading suggestion: Look for buy orders around 70,000-70,500 on rebounds, with targets at 69,500-69,000.

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