June 10 Bitcoin Market

Bitcoin has broken below the 61,100 support level as expected, dropping to a low of 60,755, then slightly rebounding overnight to 62,000, but it has not broken through the 62,500 barrier.
This rebound is just a brief pause during the decline; the main force is using this opportunity to shake out short-term follow-up traders. The overall bearish momentum remains strong, and the probability of returning to the high of 65,000 is very low.

Let's talk about the trading range

Key support below: 60,000–60,500
Only when significant funds step in to defend this level can a small position be taken to attempt a short-term rebound.

Two resistance levels above
First resistance: 62,300–62,800
Ultimate resistance: 64,200–65,000

Without strong support from funds, maintain a high-altitude bearish outlook; don’t rush to buy the dip.
The market still needs a wave of concentrated panic sell-off, fully digesting the chips, before a safe low-position entry opportunity will appear.

#贝莱德减持BTC增持ETH $BTC Moreover, it has been said before that the external environment is bearish, with the Federal Reserve tightening liquidity, the US stock market diverting market attention, and the weak sentiment during the World Cup cycle. It’s very unlikely to see a big rally in the short term. The CPI figures will be announced tonight, which will also impact the market! Pay attention to your positions.