6.11 Evening Concubine's Market Outlook 🍜 Poetry Fate View

Tonight, the concubine will focus on these key zones!
The concubine has completed the bottoming and rebound correction from the flat top, stabilizing and bouncing off the low around 1602, with the highest reaching above 1660. The 4-hour chart shows a series of bullish candles indicating a correction, with the MACD indicator's green bars turning red, suggesting bullish momentum is beginning to warm up. In the short term, the market has moved from an oversold state into a consolidation and correction phase.
Currently, it is a rebound after a decline; as long as it does not break through the key resistance, it remains a sideways to bullish trend. Do not chase the highs or sell in panic; focus on high selling and low buying around key levels.

Support levels: 1640-1650, strong support at 1610-1620
Resistance levels: 1680-1690, strong resistance at 1710-1715
Trading Suggestions:
1. If it pulls back to stabilize around 1650-1640, consider a small long position, with a stop loss below 1620, targeting 1680-1690. If broken, hold for 1710.
2. If it first encounters resistance in the 1690-1700 zone, try a small short position, with a stop loss above 1715, targeting 1660-1650. If broken downward, hold for 1620.
Stop loss at 64300, target at 63000-62500. If broken, hold for 61800. $BTC $ETH