6.25 Thursday AM Zhongling BTC/ETH Morning Thoughts — Bulls Stand Guard, Bears Feast!

Last night, BTC faced pressure around 63,000 and quickly pulled back. During the U.S. session, the decline widened, and the market briefly fell into panic, with a low of 59,000! It then rapidly bottomed out and rebounded to around 61,000.

From the current market structure, the market is in a technical corrective phase after falling to a key support area. Although there has been a small rebound in the short term, in the overall trend the bears still firmly hold the initiative, while the bulls look relatively weak. For intraday and short-term trades, you can look to go long when the timing is right; as for the bigger picture, the outlook remains unchanged!

Trading suggestions:
Go short BTC in the 61,100-61,600 range, intraday target 58,500
Go short ETH in the 1,640-1,660 range, intraday target 1,520
$BTC $ETH $SOL #BTC下探60000美元关键关口 #TradFiCFD黄金大师赛 #USD1链上质押享年化10.69%