6.25 Bitcoin Morning Analysis



Entry: Short near 61000-61200

Stop Loss: Above 62000

Target: First 59500, Second 58500

The price is clearly under pressure in the 61000-61500 range, with weakening rebound momentum. The moving averages above are converging to form strong resistance, and short-term bulls lack continuity. The post-decline repair phase is nearing its end, as prices have repeatedly tested highs without a firm hold, gradually increasing selling pressure. Today's strategy focuses on selling on bounces near resistance, closely monitoring the rebound strength at key pressure levels. $BTC #TradFiCFD黄金大师赛 #欧洲议会为数字欧元开绿灯
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SucculentCross-Section
· 1h ago
The 59,500 first target feels conservative; lately, liquidity has all been below the 58,500 area, around 58,500.
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Stop-LossLineForTheEveningGlow
· 3h ago
Setting the stop loss above 62000 is a bit wide, the risk-reward ratio doesn't seem worth it.
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