June 6 Saturday early morning analysis


$BTC Currently at 60,829, down 4.36% over 24 hours, with a net outflow of $731 million, indicating significant capital exit.

Technical outlook shows a bearish alignment, with the price close to the lower Bollinger Band, continuous negative MACD bars, low-level dull KDJ, and weak rebound momentum. Focus on the previous low support at 59,739 during the day; a break below targets 58,500; only above 62,300 can the trend turn stronger.

Fundamentally bearish: Federal Reserve rate decision approaching, ETF capital slowing down. Market sentiment has returned to the fear zone. A personal suggestion from Yifan: around 62,300-63,500, with a target near 61,000-59,750; a break below looks at around 58,500. #BTC #ETHETFsApproved #BTC走势分析
BTC-4.68%
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