6.11 Morning Bitcoin Market 🍜 Technical Analysis

Key resistance remains difficult to break through, the market remains in a weak pattern!
The daily trend is downward, with multiple cycle resistances layered on top, and rebounds are weak. Last night, after spiking to 62,829, it faced resistance and pulled back, with the 62,800 resistance holding firm and unable to be broken.
60,700 is an important support; breaking below could open a new downward space, and the bearish pattern remains unchanged. Currently, the market is weak and oscillating, repeatedly testing support. If the price cannot stay above 62,000, the oscillating decline will continue, and chasing rallies is prohibited.
Resistance levels: 62,000-62,500 (first resistance), 63,000-63,300
Support levels: 61,000-61,300 (first support), 60,700
Trading Suggestions:
Light short positions on rebounds between 62,100-62,600, with targets at 61,200 and 60,700; if broken, continue to watch 60,000. Maintain a short-term high-altitude mindset, mainly observe without bottom-fishing, and reasonably control position sizes $BTC $ETH