June 4 Market Analysis


Support Levels
1. Recent pullback low: 64,404 (24-hour low, short-term key support);
2. Previous platform/psychological level: 60,000 (long-term support area on the left side of the chart).

Resistance Levels
1. SAR indicator reversal point: 75,379 (parabolic turn indicator current resistance reference);
2. Previous high concentration zone: 80,000 (resistance band formed by previous rebound highs on the chart).

Short-selling reference points
● Aggressive: Price rebounds to the 68,000 - 70,000 range (encounter resistance and fall back + declining volume), try short positions with small size;
● Conservative: Wait for the price to break through 75,000 and then retest to confirm failure (false breakout signal), then establish short positions.

(Note: Cryptocurrency is highly volatile, requiring real-time volume, news analysis, and strict stop-loss operations. The above is only a technical analysis reference.)$BTC
BTC-4.85%
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