Market Trend Analysis: $BTC (2026-6-11)


A bullish pattern appears on the four-hour timeframe, while a descending flag breakout and retest pattern appears on the one-hour timeframe. The short-term rebound strength won't be very strong, but it will still occur.
The final conclusion is: the 61 level rebounds early, which is also the last rebound before 60k. The rebound arrives early, with a suitable short position area around 63,000.
However, it is not recommended to place short orders now; wait until the top is formed or a volume-driven decline occurs before starting to lay out short positions.
Long positions are still not recommended; avoid going long against the trend, as it is very easy to get caught in a trap.
BTC1.42%
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