6.10 Evening Market Outlook

The daily chart shows a clear downward trend overall, with prices being suppressed by resistance levels across various cycles, and limited room for upward rebound. In the early morning, the market dipped to a low of 60,699 and then slightly rebounded, but the rally to 62,200 was immediately exhausted. The resistance at 62,200 is very strong; after testing it, the price failed to break through and fell back again. Currently, the price is oscillating near a low of 61,095.

The current market is a slight correction after a sharp decline, with weak movement, and key support levels are being tested back and forth. Short-term resistance above is clear, and rebounds are unlikely to last long. If the price cannot stabilize above 61,600, there is a high probability of returning to a choppy downward adjustment. Before tonight’s CPI data release, market sentiment is cautious, and short-term volatility may increase.

Trading strategy:
A short-term rebound to around 61,800 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 high shorting on rebounds. Before the CPI data release, consider reducing positions and controlling risk. $BTC $ETH #Anthropic发布Fable5模型