June 3rd $BTC Afternoon Analysis

Intraday decline of 3.58%, surged to 69,732.2 before dropping to the low of 65,359.1, after the bottoming out, a slight rebound occurred but was again pressured and fell back, with market funds net outflow of 680 million, and the bearish selling pressure continues to be released.
Bollinger Bands and moving average levels: Middle band at 67,017.5, upper band at 67,469.2, lower band at 66,565.9; MA20 is aligned with MA89 at 67,017.5, MA10 is at 67,045, and the current price is trading below the short-term moving averages, indicating a clear resistance pattern.
Core idea: Short-term oversold indicators show a slight rebound demand, but overall resistance is at the moving averages and Bollinger middle band, mainly high-altitude selling during rebounds; only if the 67,017 level is stabilized will the short-term turn briefly bullish.
A personal suggestion: around 67,550-68,300, target near 66,000-65,000, and if broken, look at 63,000.