Wednesday, June 10th Midday Market Analysis

Going long like a dog, the pattern is a dead end. Pay attention to the CPI report tonight for adjustments.
Bitcoin dropped from 67,000, each rebound's high point getting lower, unable to hold at 63,000.
The 61,500-62,500 zone has been reached, even lower.
The bearish outlook remains unchanged; entry points move downward with the market.
Next, watch the 60,000 level and the 58,500-59,000 zone.
When rebounds shrink in volume, go short; if it breaks 60,000, wait for a rebound confirmation before acting.
MACD continues to form a death cross and decline.
DIF remains below DEA; the green histogram has not significantly shrunk, indicating downward momentum is not exhausted.
No golden cross reversal pattern; all small rebounds are just a continuation of the downtrend correction.
From the high of 82,828, it has been falling steadily, with each rebound's high gradually decreasing, and lows refreshing lower.
This is a standard bear market downtrend channel; support has been completely broken, turning into strong resistance.
The US-Iran situation worsens again; the US strikes Iran once more, escalating tensions.
BTC trading suggestion: Short near 62,000, take profit at 61,200-60,200, stop loss at 63,000.
ETH trading suggestion: Short near 1,645. Take profit at 1,610-1,570, stop loss at 1,700.