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Market Trend Analysis: $BTC (2026-6-8)
The weekly closing line indeed closed below the previous low (65,000), which proves that the bearish trend has not ended. This is not the bottom of this round, but there is a rebound demand. The four-hour level shows oscillating upward movement with volume.
Operational Strategy:
Since the upside space is limited, it is not recommended to go long again. You can wait for a shorting opportunity. The best shorting position above: 65,000, with a first position, and 66,000 can be heavily shorted.
If going long, near the four-hour retracement level, currently having retested 62,343, you can go long at market price ~, with the stop loss at the new low.