6.12 Evening Thought Analysis and Forecast

Bitcoin overall showed a surge followed by a pullback today, with the lowest point during the day around 62,800, then quickly pushed higher by funds, briefly reaching around 64,362. In the evening, profit-taking became evident, and the price retreated back to around 63,600 for consolidation. From a structural perspective, the 64,300-64,500 zone has formed a short-term strong resistance band, which has been tested multiple times but not successfully broken, indicating that selling pressure above still exists. The "Yitai" token moved in tandem with Bitcoin's rise, reaching above 1,690 at its peak, but also pulled back after the surge, currently trading around 1,660, entering a short-term high-level consolidation phase. Regarding capital flow, during the evening rally, trading volume significantly increased, but the support at high levels was insufficient, leading some short-term funds to take profits and exit. On-chain capital inflow has slowed compared to earlier, while leveraged long positions remain high, creating some profit-taking pressure in the market. Technically, Bitcoin's MACD is showing signs of fatigue at high levels, with a death cross on the KDJ gradually emerging, and RSI remaining in the high zone; "Yitai" also shows divergence between volume and price, indicating diminishing short-term upward momentum. On the news front, the market continues to focus on the Federal Reserve's interest rate path and upcoming inflation data, with ETF capital inflows remaining stable but without significant increase. Overall, after continuous rebounds, Bitcoin and "Yitai" have entered a zone of dense resistance, with bullish momentum weakening, and short-term risks of a pullback after a surge should be watched carefully.

Trading Suggestions:
Short Bitcoin near 64,000-64,500 on rebounds, target 62,700, 61,700.
Short "Yitai" near 1,690-1,710 on rebounds, target 1,630, 1,580. #SpaceX认购规模超2500亿美元 $BTC $ETH