6.11 Evening Market Outlook

The overall daily trend remains weak, but a short-term rebound has occurred, being suppressed by resistance around 63,200, with limited room for an upward breakthrough. The intraday market rebounded from a low near 60,900, but after surging to 63,235, the upward momentum quickly faded. Resistance at 63,000 is very strong, with multiple attempts failing to break through steadily. The key support level below is 61,000; if it breaks, the downward space will open again. The overall sideways and weak situation has not changed.

Currently, the market is experiencing a slight recovery after a sharp decline, with key resistance levels being tested back and forth. Short-term resistance is clear; to continue the rebound, it must hold above 63,600. Otherwise, it is likely to return to a sideways downward adjustment rhythm. Do not blindly chase the rally.

Trading strategy:
If the price rebounds to around 63,000-63,200, consider light positions to buy, with the first target at 62,000 and the second at 61,500; if it stabilizes above 63,600, then follow the trend and aim for 64,000-64,500. Do not chase high or hold large positions in the short term. If key levels are broken, adjust your strategy accordingly, control your positions, and manage risks. #美国5月CPI创三年新高 #美伊冲突升级 $BTC $ETH