Tuesday's recap and early morning thoughts on 6/10

$BTC Market review: From early morning until around 63,800, a downward move began, reaching the support level at around 62,300. In the morning, there was a slight rebound to 63,500, and in the afternoon to evening, the movement was smaller, with a slow decline. After the US stock market opened, there was a sudden surge to the intraday low of 61,075, followed by a slight rebound. Overall positioning: early morning Bitcoin long entry at 62,450, closing at 63,350 for a 900-point gain; early morning Ethereum long at 1660, exiting at 1690 for a 30-point gain; evening Bitcoin short at 61,900, exiting at 61,100 for an 800-point gain. I pre-emptively mapped out the full trend, with precise entry and exit points. Most people tend to stubbornly hold onto positions and suffer losses, but I adapt flexibly with the trend, capturing every major move, with consistent swing gains. My analysis and predictions are never after the fact; how the market moves is always within my expectations.

Before analyzing the market, let me add a few more words. I didn't post a reminder last night that the pullback support was indeed my oversight, but I kept emphasizing in the live room that the maximum pullback was around 61,000. My original forecast was that after pulling back to 61,000, a rebound would start, opening an upward channel. However, based on the current market, after reaching 61,000, there was only a slight rebound, followed by a engulfing-style pullback, indicating insufficient rebound volume. So, the best approach now is not to stubbornly chase the rebound, but to shift strategy immediately, mainly shorting on rebounds. The 4-hour chart has already broken through the midline support, with a long bearish candle directly piercing all short-term support zones. The support at 62,500 below has turned into a strong resistance level. The price has stabilized below the moving averages, indicating a mid-term bearish trend. Each rebound fails to break previous highs, with increasing selling pressure. Bulls are weakening with each attempt, and the bear control trend has taken shape. On the 1-hour chart, the price consistently runs along the lower Bollinger Band, with insufficient bullish momentum. Weak rebounds appear, which are intermediate corrections during the decline, and rebounds are opportunities for us to short.

Wednesday early morning Bitcoin trading suggestion: Short near 61,500-62,000, target down to 60,000. Ethereum trading suggestion: Short near 1650-1665, target down to 1600.