6.11 Bitcoin Evening Analysis | Luo Yisi Approach

Stabilizing and Rising, Bullish Continuation
Market Review
After retracing to the strong support at 60,800 during the day, it continued to strengthen, and the long position strategy was successfully executed at noon; the current price is 63,100, and it broke through and stabilized above 63,000 in the evening, with a steady rebound pace, fully in line with expectations.
Market Analysis
The large cycle is slightly bearish but the downward momentum is weakening, with a solid double bottom structure at 60,800, and active buying at low levels. In the short cycle, breaking through the key level of 63,000 continues the bullish momentum, with upward pressure shifting to the 63,800-64,200 range; below, 62,800 becomes immediate support, and 62,000 is the core defense line. Continue to maintain a short-term bullish outlook in the evening.
Trading Suggestions
Entry Range: 62,700-62,400
Stop Loss: 62,100
First Target: 63,800-64,200
Second Target: 64,400-65,000
Stay firm on the short-term bullish approach, follow the support band after the breakout to position accordingly, control position size reasonably, and patiently wait for the rebound profit to be realized.
Risk Reminder: Market fluctuations are significant; the content is for trading strategy reference only and does not constitute any investment advice. $BTC $GT $SOL