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6.9 $BTC UPDATE
Current Market Background:
Monday is the internal day of Sunday, showing a balanced distribution
Today opened at the lower end of the range, close to pdLow but not broken
Internal day trading mainly focuses on extreme levels: pdLow and pdHigh
At pdLow, if the price sweeps low and recovers, it is initially bullish;
If it cannot return to the range, then turn bearish towards 61k
Long entry points:
62.3k (if broken, then switch to short)
61k
60.2k
Short entry points:
64,800
60,000
66,800
Bullish path: hold/recapture 62.3k, avoid breaking pdLow, then look toward the upper range high
If the price breaks the first high, it may directly run to a new high rather than stopping at the first pdHigh
Bearish path: break below 62.3k and fail to recover, then look toward 61k, 60.2k