#BitcoinRalliesOver5Percent

#比特币回升5%

The rebound you see is technically real but structurally fragile. Here is what the data actually shows.

1️⃣ Do you think BTC's rebound can continue, and where is the next key resistance level?

The immediate rally was triggered by two clear events: Trump's comment that a US-Iran peace deal was "almost complete" and Strategy Inc.'s purchase of 1,550 BTC for ~$101 million between June 1-7. Those headlines forced a short squeeze that liquidated roughly $504 million in bearish bets over 24 hours — the largest daily short liquidation since late April.

But here is where caution is warranted. The bounce came from deeply oversold conditions. Daily RSI touched as low as 26 earlier this week, and Bitcoin is currently trading near $62,900 after briefly hitting $63,800. The price is still below all major moving averages, and the 60,000 to 61,000 area remains the critical support floor.

The next key resistance sits between 64,000 and 65,000. This is the immediate hurdle. If BTC manages to break above that zone with volume, the next major resistance area is 66,000 to 67,000. Beyond that, a larger supply region waits near 72,000 to 74,000 — the breakdown zone from the prior downtrend.

The June 10 CPI report is the real catalyst. A cooler-than-expected print could extend gains toward 66,000. A hot number would likely renew Fed hike fears and send BTC back toward 62,000 support or lower.

2️⃣ In the face of current market volatility, how do you plan to operate and position yourself recently?

My approach is simple: treat this as a relief rally within a broader corrective phase, not as a new trend.

I am watching the 60,000-61,000 zone as the line in the sand. As long as price holds above that, the bounce remains valid. If 60,000 breaks on volume, I am reducing exposure further.

For entries, I am waiting for confirmation above 64,500 before considering any longs. Chasing here is dangerous because the geopolitical situation can reverse on a single headline. The same headlines that pushed price up 5% in an hour can pull it back just as fast.

For existing positions, I am keeping size small and avoiding leverage until after the CPI report clears. The volatility ahead of June 10 and the SpaceX IPO expected mid-month will keep liquidity conditions unpredictable. Cash is a position in this environment.

Bottom line: The bounce is real but driven by short covering and macro headlines, not organic demand. Watch 64,000-65,000 resistance and the June 10 CPI print. Until one of those breaks decisively, range-bound thinking serves better than conviction.

This content is for informational purposes only and does not constitute financial advice.