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6.10 Afternoon Auntie Pan🍜 Poetry Fate Viewpoint
Morning forecast✓ current situation, what’s next?
Clear indication that Bitcoin is jumping from high levels, bulls are losing momentum, 61000 is the critical line today, forecast of rebound resistance zone and pullback support levels. The market is unfolding exactly as expected, falling back from the high of 64250, precisely hitting the target zone for a pullback, confirming the exhaustion of bullish momentum, and guiding the future trend.
4-hour chart shows continuous bearish candles, MACD red bars significantly shrinking, bullish momentum continues to weaken, rebound strength clearly diminishing, and the market has returned to a weak consolidation pattern.
Resistance levels: 1645-1660 (first resistance), 1690-1700
Support levels: 1610-1600 (first support), 1590
Trading suggestions:
1. If the rebound faces resistance in the 1645-1660 range, consider a light position, targeting the 1615-1600 range, with a stop-loss above 1670;
2. If the pullback stabilizes around 1610-1600, consider a small position for short-term rebound, targeting 1635-1650, with a stop-loss below 1590.$BTC $ETH