6.10 Afternoon Market Outlook

The daily chart shows a clear downward trend, suppressed by cyclical resistance levels, with limited room for upward rebounds. In the early morning, the price dipped to a low of 60,754, then slightly rebounded, but the upward momentum was exhausted at the 62,200 level. This resistance at 62,200 is very strong; after testing it without success, the price fell back again.

Currently, the market is in a weak correction after a sharp decline, with key support levels being tested back and forth. Short-term resistance above is clear; rebounds are unlikely to last long. If the price cannot hold above 62,200, there is a high probability of returning to a choppy downward adjustment.

Trading Strategy

In the short term, a rebound to around 61,600-62,100 can be used for light short positions, with the first target at 61,000 and the second at 60,500. In a weak market, prioritize shorting on rebounds. Before the CPI data is released tonight, clear all positions. $BTC $ETH #Anthropic发布Fable5模型