6.4 Morning

Thoughts and Predictions:
Regarding Bitcoin, the overall structure in the early morning continues to show a weak downward trend. The price briefly rebounded to around 66,360 before facing resistance again and falling back. The lowest point touched 62,910, then a short-term stabilization occurred around 63,000. From a structural perspective, a clear resistance zone has formed above 66,000, and the bearish trend remains unchanged. During the decline last night, trading volume significantly increased, with some high-leverage longs being liquidated, and capital continues to flow out of risk assets, further intensifying market risk aversion. Technically, MACD bearish momentum continues to be released, KDJ remains at low levels, and RSI, although in oversold territory, has not yet formed an effective bullish divergence, indicating that the rebound is more of a corrective move.
The "mistress" (altcoin) trend is also weak, moving in sync with Bitcoin. After briefly touching around 1,767 in the early morning, it quickly surged to around 1,851, but the rebound failed to sustain. It has now fallen back to around 1,790 for consolidation. The 1,850-1,860 zone has become an important short-term resistance area. If it cannot regain stability, further downside is possible. On the capital side, ETF fund inflows have slowed, on-chain activity has decreased, and market sentiment remains cautious. Regarding news, the Federal Reserve's rate cut expectations fluctuate, the US dollar remains strong, and international geopolitical tensions persist. Safe-haven capital flows into gold and USD assets, exerting some pressure on the crypto market. Overall, the trend remains bearish, with short-term focus on the opportunity for a second test of support after resistance is challenged.
Trading Suggestions:
Bitcoin: Short near 64,500-65,000, target 63,000, 62,000.
Altcoin: Short near 1,840-1,860, target 1,750, 1,720. #英伟达大涨6%创历史新高 $BTC $ETH