$BTC Crypto Circle Li Ying: 6.3 Bitcoin (BTC) Latest Market Analysis and Trading Suggestions


  
  Article release date June 3, 2026 — 00:30
  
  Friends, Bitcoin is currently at 67,300. Imagine you are standing on a mountain top watching Bitcoin jump off from the high platform of 78,000, falling all the way down to the valley of 67,300. The wind is still blowing, the branches (moving averages) are all falling downhill, and even the air feels cold. At this moment, do you want to reach out and catch the flying knife, or follow the wind’s direction and jump down? Don’t rush, let’s use the technical telescope to see if there’s a cushion at the bottom or a foothold halfway up the mountain.
  
  First, look at the moving average system. EMA7, EMA30, and EMA120 are all in a bearish arrangement, with the short-term line pressing on the medium-term line, and the medium-term line pressing on the long-term line. The price is tightly pressed below the moving averages, rebounding to touch the moving averages and then plunging again, indicating that the downtrend has not yet ended. Next, look at MACD: DIF and DEA have crossed below the zero axis and continue downward, with the green bars getting longer, showing that the momentum is all bearish, and the bulls have no strength to resist. The Bollinger Bands look even worse, with the price hugging the lower band at 63,732, and the gap widening. This is a typical one-sided downtrend pattern, with the middle band at 70,903 becoming a strong resistance level. Short-term breakthroughs are as difficult as climbing to the sky.
  
  Short-term reference:
  
  Buy at 66,500-66,000, exit if below 65,500, aiming for above 67,500 and targeting 68,000
  
  Sell at 67,500-68,000, exit if below 68,500, aiming for below 66,500 and targeting 66,000
  
  The above content is exclusively original by Li Ying. Please indicate the source when reprinting! Market conditions are constantly changing, and the above suggestions are for reference only. Risk is borne by yourself. We hope Li Ying’s insights will be helpful to you!
  
  The article content is real-time and for reference only. Risk self-responsibility. ‌#成长值抽奖赢金条
BTC-5.42%
View Original
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