6.5 Morning Market Outlook

The market, after the previous wide-range consolidation, has gradually tightened into a narrow range, with bulls and bears temporarily deadlocked.

Since last month’s 11th, BTC has entered a turning point, falling from around 82,200 to 62,161 and stopping its decline. Currently, the upside and downside room continues to shrink; price is repeatedly pulled back and forth, and the single-direction trend is paused. Daily bearish momentum has slowed, and the 4-hour lows have stabilized. Indicators are slightly recovering, but there is still no breakout-through momentum. In the morning, maintain a range-trading mindset: if the level isn’t broken, only trade at both ends.

In terms of operations

Short near 64,200 on a rebound; target around 62,800
On a pullback to around 62,800, you may take a light long; target 64,200
If it breaks 64,300, abandon the short; if it breaks 62,900, abandon the long! Focus mainly on shorts from higher levels, with low longs as a supplement! $BTC #分享美股交易赢英伟达股票