6.11 Afternoon Market Outlook

Currently, it has already surged to around 62,900. Most people, including myself, will naturally think of shorting at this position, but this rebound momentum is very strong. I only suggest a light short to test once, which is also the only shorting opportunity in recent times.

From a daily chart perspective, the overall trend remains weak, but a short-term rebound has already formed, rising from 60,699 all the way to 62,900, with short-term bullish momentum being concentrated and released. The area around 63,000-63,100 is a strong resistance zone, and there is a high probability of a pullback under pressure here.

Regarding operations

A light short at the 63,000 rebound zone, with the initial target at 62,000, and if broken, then 61,500. Today is the only shorting opportunity, and in the coming days, the focus will still be on buying dips! $BTC $ETH #美国5月CPI创三年新高