Trading Journal, June 10, 2026

The current BTC market is in a consolidation phase, mainly influenced by both technical factors and external environment. From a technical perspective, the market is in a downward trend,
Technical status: The current market is in a short-term "consolidation" state.
Moving averages are in a bearish alignment, with prices below all moving averages, recently showing a death cross, indicating a strong bearish signal.
Prices are near the key support level of 66,605.1, with the recent high of 67,493.8 forming resistance,
Overall trading volume is below average, indicating a lack of strong downward momentum support, and market sentiment shows a short-term technical need for a rebound.
External environment is generally more bearish,
Core data: Market sentiment is extremely fearful, investors' confidence in risk assets has significantly declined, and the US dollar index remains high, indicating a less favorable external situation!

Strategy 1: 【Short – Sell】
Entry zone: Consider short positions around 6.38 to 6.45
Target zone: Exit around 6.1 to 6.0

Strategy 2: 【Long – Buy on dips】
Entry zone: Around 60k to 61k
Target zone: Exit around 63,000 to 64,000,
Strategy basis: Given that the market is currently in a consolidation phase (main premise), and prices have shown a potential rebound signal near the key support level of 59,000 (sub premise), taking a long position near the 60k to 61,000 support zone is a reasonable choice to follow the market rebound!

Ethereum’s short-term situation: the recent weekly high is above 1700, which is the recent short-term peak, and it’s not easy to break through in one go. Short positions near 1700 are good entry points. Yesterday, Ethereum oscillated from 1700 back down to around 1610 to stop the decline.
Currently, short-term resistance has shifted to a weak resistance around 1668, with strong resistance still near 1695!

Ethereum strategy:
Intraday short around 1670, stop loss at 1700, take profit around 1635,
Long around 1585, consider short-term longs, take profit around 1635, stop loss around 1558,

The above is my personal view on the overall situation today, for reference only, risk is on your own!