Technical Confirmation — A 5% bullish candle establishes a short-term bottom, with 68k becoming the dividing line between bulls and bears

On June 8th, Bitcoin surged with a strong bullish candle exceeding 5%, breaking through $63k, marking the largest single-day gain since late May. From a technical analysis perspective, this rally completed triple confirmation: first, the 4-hour MACD bottom divergence structure is valid; second, the price re-claimed the EMA21 moving average and confirmed a pullback; third, trading volume increased by 35% compared to the previous day, indicating genuine capital inflow.

So, can this #比特币回升5% continuation happen? The key is whether the daily chart can hold above the $63,000 level. If the price remains stable above 63k over the next 48 hours, the next resistance is near $68k. This level is not only the high point of May 21st but also the confluence of the upper Bollinger Band and the Fibonacci 0.618 retracement level. Historically, similar rebounds accompanied by sustained volume often push the price to test the previous high of $73,777. However, if there is stagnation or bearish divergence in the 65,000-66,000 range, the rebound may pause temporarily.

In terms of trading, I will establish a long position with a core position in the 62,500-63,000 range, with a stop loss at 61,800, and take profits in two batches at 65,500 and 68,000. I will also closely monitor the CPI data on June 13th; macro risks have not been eliminated, so avoid increasing leverage. #比特币回升5% signals short-term sentiment warming, but a trend reversal still requires more confirmation.

#比特币回升5% $BTC