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June 8th
Bitcoin has bottomed out and is experiencing a rebound correction, but the medium-term structure is still not clear enough, so it is not recommended to blindly chase long positions at the current price. There are still short-term buying opportunities within the day, focus on the support around 61,500; if it does not break and shows signs of stabilization, you can try to set up long positions. It should be noted that the overall trend remains bearish, and this rebound is more likely a correction of the trend. When trading, do not overly increase profit and loss expectations; manage your positions and risks well. It is more prudent to take profits when the market turns favorable.
June 8th
Bitcoin has bottomed out and is experiencing a rebound correction, but the medium-term structure is still not clear enough, so it is not recommended to blindly chase long positions at the current price. There are still short-term buying opportunities within the day, focus on the support around 61,500; if it does not break and shows signs of stabilization, you can try to set up long positions. It should be noted that the overall trend remains bearish, and this rebound is more likely a correction of the trend. When trading, do not overly increase profit and loss expectations; manage your positions and risks well. It is more prudent to take profits when the market turns favorable.