6.10 Morning Thoughts and Trading Suggestions



Thoughts and Predictions:
Bitcoin sharply rebounded after bottoming around 60,755 in the early morning, reaching a high of 62,253, releasing some short-term bearish sentiment. However, the rebound strength is noticeably weaker than the previous decline, and the overall trend remains in a downward structure. Currently, the price is around 61,700, with a short-term resistance zone between 62,200 and 62,500, and key support at 61,000 below. From a capital perspective, the nighttime rebound mainly resulted from short covering and short-term bottom-fishing funds, with no significant new capital inflows, and the market remains largely cautious. Technically, although MACD bearish momentum has eased somewhat, a golden cross has not yet formed. KDJ has turned down again after rebounding, and RSI remains in a neutral to weak zone, indicating limited rebound sustainability. On the news front, ETF capital flows show no clear improvement, U.S. stock markets and rate cut expectations still carry uncertainties, and ongoing international geopolitical risks continue to affect market risk appetite. The "Mistress" also rebounded from around 1613 to near 1663, but faces clear resistance in the 1660-1680 zone, and remains weaker than the previous upward structure. In the short term, the market continues to follow the logic of rebound correction followed by resistance and pullback, focusing on key resistance levels and their success or failure.

Trading Suggestions:
Bitcoin: Short near 62,500-63,000, target 61,500, 60,500.
Mistress: Short near 1,660-1,680, target 1,600, 1,550. #美股AI概念股普涨 $BTC $ETH
BTC0.8%
ETH0.23%
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