6.2 Evening Bitcoin Market Analysis

In the afternoon, Bitcoin’s sell-off continued, and the 70,000 level was broken. Subsequently, the selling pressure remained strong, pushing the price to around 69,500 and setting a new low at 69,277. On the Ethereum side, the struggle between buyers and sellers fell into a state of balance, and the selling pressure was unable to effectively push back. However, for Bitcoin in the short term, the “buying” side has already provided a solid opportunity to profit. Greed, fear, luck, and regret—every emotion can lead you to make the wrong decision. Learn to notice them, rather than letting them lead you.

On the current 1-hour timeframe, Bitcoin is trending downward, dominated by the selling side, and keeps making new intraday lows. Judging by the current rebound strength, it has not altered the selling-side structure. Although this drop did not significantly amplify overhead selling pressure, there is a severe lack of support underneath. The selling momentum has not been fully released yet, but the bearish “dead cross” is too deep, and the KDJ indicator is already in an oversold range—technical rebound and repair demand continues to build up. Even if the selling side remains dominant at the lows in the short term, it is not advisable to chase blindly. It’s recommended to wait for the U.S. stock market to open. $BTC #分享美股交易赢英伟达股票 $ETH