6.15 Morning Thoughts

A new week officially begins. Regardless of last week's results, put them aside for now and focus on the current market trend.
Monday's short-term volatility was quite intense, with a prolonged consolidation followed by a breakout.
With the agreement of the IEME protocol, the market quickly rebounded: Bitcoin retraced to 63,650 and then surged with a single candle to 65,800; Ethereum rapidly climbed to 1,732.
Currently, the structure is in the exhaustion phase after a bullish momentum release.
On Monday, the main approach is to look for resistance during the rebound to establish short positions, waiting for a downward wave opportunity.

From the pattern structure perspective, although this rally created a new high, its continuation remains doubtful.
While the lows have been raised, the price has touched the upper Bollinger Band, and two key weakening signals have appeared:
First, although the moving averages are temporarily rising, there are signs of bearish divergence between the price and indicators;
Second, after the surge, there was no effective volume increase to sustain the move, but rather a stalling and pullback.
Short-term upside space is limited; the rebound is an opportunity to set up short positions.
It is recommended to wait for a slight pullback testing resistance before entering, aiming to profit from a wave correction.

Trading Suggestions
Short around 65,700-66,000 on Bitcoin rebound, targeting 64,000-63,500.