6.11 Evening Bitcoin Market Analysis 🍜


In the evening, key attack and defense positions, watch for new directions if broken!
White Plate has shown a bottoming and rebound correction pattern, with the price stabilizing and bouncing back from around 61,000, reaching a high of about 63,100, recovering part of the previous decline.
A full-bodied bullish candle has formed on the 4-hour chart, and the MACD indicator also shows signs of bullish momentum recovery, indicating short-term market sentiment is warming.
Currently oscillating around 63,000, short-term bullish sentiment is improving, but key resistance has not yet been broken.
Trading strategy: mainly buy on dips, with some short positions as a supplement, strictly set stop-losses.

Support levels: 62,300-62,500, strong support at 61,000-61,500
Resistance levels: 63,500-63,800, strong resistance at 64,500-64,800
Trading suggestions:
1. If the price stabilizes after falling back to the 62,500-62,300 range, consider lightly entering long positions, with stop-loss below 61,900, targeting 63,500-63,800.
If broken, hold for 64,500.
2. When first approaching the 63,800-64,000 resistance zone, try short positions lightly, with stop-loss above 64,300, targeting 63,000-62,500.
If broken downward, hold $BTC for 61,800.
BTC1.16%
ETH-0.56%
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