6.8 Evening Bitcoin Market Analysis

After testing the support in the 62,000-62,500 range during the midday, the price continued to close higher with bullish candles, indicating a rebound trend, bringing the price back near 63,000. In the afternoon, the idea was to cautiously go long around 63,000 if the market stabilized, and the short-term gain was over 600 points. The auntie also simultaneously gained 25 points. The short-term strategy is clear: enter and exit quickly, and if good profit space is available, don’t hesitate—just go.

On the 1-hour chart, after the previous large rally above 64,000 with high volume, the price quickly retraced, forming a long upper shadow. Combined with the subsequent two failed attempts to break through the 64,000 resistance level, it shows that the upper resistance is quite strong. Moreover, the current international situation is not friendly, so if the bulls cannot push with strong volume, they will face counterattack from the bears. In the short term, the bullish momentum is suppressed, and the current pullback still focuses on the support around 62,500. Patience is advised until the US stock market opens for further decision-making. The auntie is watching around 1,650; since the large coin has not broken below, the original strategy remains unchanged. $BTC #分享美股交易赢英伟达股票 $ETH