6.8 Monday Bitcoin Evening Analysis



Currently, Bitcoin, from the four-hour technical analysis, is experiencing a consolidation rebound during a downtrend, with the Bollinger Bands opening downward, and the price being suppressed by moving averages. The rebound is only a correction from the lower band to the middle band, and the overall trend has not changed.

From a macro perspective, the Fed's rate cut expectations have cooled down, spot ETF net outflows continue, institutional buying has dried up, market panic sentiment remains, and buying momentum is insufficient.

The core strategy for the evening is to short on rallies, with a cautious entry around #比特币回升5% 638, aiming first for 605.
BTC2.78%
ETH3.35%
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