June 9th Bitcoin Outlook

The current market overall rebounds then pulls back, maintaining a range-bound fluctuation pattern with relatively balanced bulls and bears.
Short-term market shows bullish momentum but faces heavy resistance above, with no clear unilateral trend yet.

The key intraday resistance is 64,000. If the price effectively stays above this level, the bullish trend will further open up, with targets at 66,000 and 67,500.

The key intraday support is 62,500 to 63,000. This range is a critical support for short-term bulls. If it is broken, the market will further decline, with focus on around 61,200.

For conservative traders, wait until the price effectively stabilizes above 64,000 before following up with long positions.
If the price continues to face resistance at 64,000 and weakens, consider short positions accordingly.
The market remains within the 63,000 to 64,000 range, with decreasing volume and sideways consolidation, mainly observing.

Important Reminder
As the Federal Reserve interest rate decision approaches, short-term market volatility intensifies, with frequent needle-like shakeouts and stop-loss sweeps.
In the coming month, there is still a significant overall bearish pressure, with a clear resistance to rebound. Operation-wise, avoid blindly chasing highs; prioritize rebound and follow the trend to short.
Strictly avoid chasing high, increasing positions, or arbitrarily adding to positions. Carefully avoid short-term uncertainties, strictly control stop-loss and position sizing throughout, focusing #Strategy低位加仓1550枚BTC on steady trading.