6.9 Bitcoin Analysis



Yesterday, Bitcoin reached a high of around 64,179, then again declined in the morning, currently oscillating around 62,750. The current rebound is a technical correction after an oversold condition, not a trend reversal. Under extreme panic and macroeconomic pressure, selling pressure above remains heavy.

The 4-hour moving averages are under bearish pressure; after bouncing to 64,200, it cannot go higher, indicating strong short-term resistance. Actual trading volume is insufficient. The 1-hour moving average system is diverging downward, and the MACD bearish momentum is gradually increasing. The bears are dominating the pattern. Short-term trading suggests selling on rebounds.

Trading suggestions:
Short at 63,500-64,000, target 62,000-61,500

$BTC #美股AI概念股普涨
BTC0.74%
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