# Bitcoin 🪙 Trading Ideas for June 3rd



📊 Trading Strategy:
1. Enter short positions after a rebound near 68,000 encounters resistance.

2. Enter short positions after clearly breaking below 65,000.

Today’s Market Analysis ❤️
Congratulations to all the friends who followed CoCo’s footsteps near the 80k level to enter short positions and profit! This overall decline has yielded at least 10,000 points in profit! So, when the price stabilizes after dropping to 66,000, it does not indicate a buying opportunity; instead, focus on whether the subsequent rebound can form a structural reversal. If it stabilizes above 6.8, there is a chance to go long; otherwise, it’s a high shorting moment. Additionally, since the funding rate remains positive, maintain a bearish outlook for the day.
BTC0.80%
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