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Market Trend Analysis: $BTC (June 10, 2026)
From the weekly level, Bitcoin is in a continuation of the decline pattern; as previously analyzed, the weekly closing is below 65,000, indicating a continued decline~
On the daily level, it is currently bottoming out with oscillations, but this bottom is the consolidation starting from a new low in the front, which is no longer accumulation consolidation but a trap for more buying.
Trading Strategy:
The daily level trend I drew below is the script I am more inclined to follow next⬇️
In the short term, do not consider going long unless a new high is broken.
If the 4-hour level accelerates and breaks below 60k, you can directly short, remember that the 4-hour candlestick must be extremely close to the bottom before accelerating downward, then short.
If a long upper wick forms near 60k and it then slowly declines to 60k, do not rush to short; you can consider a short-term long position with a stop loss at the new low.