6.12 Morning Bitcoin Analysis | Luo Yisi's Approach

Only rebound trades, follow the trend to buy low
1. Review
Bitcoin tested the bottom yesterday and stabilized, with strong support at low levels, and in the evening, a continuous recovery rebound occurred, maintaining a high-level oscillation pattern in the morning. Panic selling at low levels was fully released, buying momentum clearly flowed back, and the overall market sentiment shifted from weak to stable, with a clear pace of bullish recovery.
2. Technical Analysis
The daily chart shows a stable long lower shadow, successfully holding the key low zone, with short-term bearish momentum exhausted, and a preliminary rebound structure formed. The 4-hour timeframe shows a bottoming process, moving averages gradually turning upward, indicators showing a golden cross at low levels and diverging, with continued recovery momentum. Support below is solid, resistance above is gradually loosening, and short-term bulls are dominant.
3. Morning Strategy
Gradual multiple entry zones: 62,600 - 63,000
Defense: 62,200
Targets: 64,200, 65,800
Stay on the sidelines for short positions. If a deep pullback gathers strength, consider adding to long positions in the 61,800–62,000 range, with a unified stop-loss below 61,500.
Summary: The bottoming process at low levels is complete, and this rebound phase is stable. Today, follow the trend to go long throughout, avoid guessing the top, and do not go against the trend to short. A pullback is a low-buying opportunity. $BTC $GT $ETH