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6.3 Evening
Thoughts Analysis and Forecast:
Regarding Bitcoin, last night’s market continued the bearish downward trend, with the price steadily falling from above 67,000 to around 67,500 resistance level, multiple rebounds were weak, and it finally touched the 64,800 low point before slightly consolidating. Overall, the bears dominate, with a clear release of funds during the decline phase, market sentiment is cautious, and short-term rebounds are limited.
On the technical indicators, MACD bearish momentum persists, KDJ is sluggish at low levels, RSI approaches oversold territory, and although there is a short-term rebound, the overall weakness is evident.
Regarding altcoins, the market trend is also weak, declining from the 1880-1900 range to around 1790, with obvious short-term support, a correction and consolidation, funds are flowing into safe-haven assets, and ETF and on-chain fund movements indicate rising market caution, with the overall trend continuing to be bearish.
Trading Suggestions:
Bitcoin: Short near 67,000-67,500, target 64,800, 63,800.
Altcoins: Short near 1,880-1,900, target 1,790, 1,750. #BTC触底66000 $BTC $GT $ETH