6.5 Evening Thought Analysis and Operational Suggestions

Thought analysis:
Regarding Bitcoin, the overall intraday trend continues to be a weak downward structure, with prices continuously oscillating and falling from around 63,955. After touching the low of about 59,739 in the evening, a technical rebound occurred, and it has now returned above 61,000. From a structural perspective, after the first touch of the 60,000 level, there was a clear absorption of buying interest, indicating strong support demand in this area. In terms of capital flow, after several days of decline, a large amount of high-leverage long positions have basically been cleared, and market panic has been somewhat alleviated. Technically, although MACD bearish momentum still dominates, the release speed is beginning to slow, RSI has been in an oversold zone for a long time, and after the KDJ indicator flattened at low levels, signs of a turn have gradually appeared, indicating a short-term oversold correction is needed. If the 60,000 level can be maintained consistently, further rebound and correction are possible.
Regarding altcoins, the overall trend is weaker than Bitcoin, with prices falling from around 1774, touching a low of about 1546 before stabilizing and rebounding, and now back around 1600. Capital flow shows some panic positions have exited, and profit-taking by bears has increased. Technically, the 1500-1550 zone has entered a previous dense trading area and is also an important psychological support zone. On the news front, the Fed's rate cut expectations still fluctuate, but the market has partially digested the negative impact. Coupled with the slowdown of ETF fund outflows and weakening on-chain selling pressure, a short-term oversold rebound window exists. Overall, the current situation leans more towards a correction after a decline, with a focus on whether the support at lower levels can continue to hold.
Operational suggestions:
Bitcoin: Buy near 59,000-59,500, target 62,000, 63,000.
Altcoins: Buy near 1,520-1,540, target 1,600, 1,700. #美众议院叫停对伊军事行动 $BTC $ETH