6.7 Evening Market Outlook and Trading Suggestions

Market Analysis:
Regarding Bitcoin, the overall intraday trend continues to rebound and recover, with prices steadily rising from around 60,511, reaching a high of about 62,942 before pulling back. Currently trading near 61,800. After successfully stabilizing above the 60,000 level earlier, bullish sentiment has significantly improved, but strong trapped and profit-taking pressures still exist around 63,000. From a technical perspective, the MACD remains in a bullish alignment but the red histogram is beginning to shrink, RSI has entered a relatively strong zone, and the KDJ is in a high-level dull state, indicating diminishing short-term chasing gains. On the capital side, short covering has driven the rebound, but the influx of new funds is moderate, and the market mostly shows a recovery after overselling. On the news front, the Federal Reserve's rate cut expectations remain unchanged, ETF capital outflow pressure has eased, and overall sentiment has significantly improved compared to previous days. Regarding altcoins, the rebound started around 1,555, reaching a high of about 1,648, currently oscillating near 1,620. The trend is clearly stronger than Bitcoin, with signs of capital returning, but the area around 1,650 remains an important short-term resistance zone. Overall, the market is in a high-level consolidation phase after the rebound; if it can hold above key support levels, there is still room for further upward movement.

Trading Suggestions:
Bitcoin: Buy near 60,500-61,000, target 63,000, 64,000.
Altcoins: Buy near 1,550-1,570, target 1,650, 1,700.