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June 10, 2026, current price around 62,000
Current trend: I think it’s no longer appropriate to be bearish now. I still thought yesterday that it would drop below 60,000 today. But today, when it dropped a second time to around 60,777, it surprisingly held up, plus news caused a violent rally of 1,600 points. If it were really going to fall, it should have dropped by 8:30. It now seems that the negative news has been exhausted, and Bitcoin has stabilized in the short term. If the market gives a chance to reach around 61,400 and hold steady, I will go long. Normally, after confirming a decline yesterday, the market should have accelerated downward after a period of consolidation, but it didn’t. Instead, it’s heading upward. No need to be affected by the news anymore. The main trend remains bearish, but a short-term rebound looks bullish! A rebound is needed before it breaks below 60,000!