6.25 Daily Bitcoin Market Summary

After the price rebounded to around 61,000 in the early morning today, it began to consolidate in a narrow range. At the same time, we gave the short-term upper resistance range of 61,500-61,800 and the support at the 60,000 level in the morning. In the afternoon, although the bulls pushed the price to the resistance range with a slight volume increase and achieved a short-term stabilization, they ultimately failed to break through the 62,000 resistance. The subsequent trend slowly retraced, especially in the evening when it broke below support with increased volume. Tonight's bears were even more aggressive. After breaking below the previous low of 59,060, it went straight to 58,000, hitting a new low of 58,030 as of now. Then the bulls also staged a volume-driven rebound repair, but after surging to around 60,500, they quickly pulled back. The situation for ETH is basically the same, except the low was at 1,530, without successfully breaking below 1,500, so no further analysis will be provided.

Today's layout was not only relatively frequent, with the early morning rebound repair long position layout and the evening break bearish position layout. I haven't felt this overwhelmed in a long time. The layout was mainly concentrated in the evening. Just the short positions alone yielded over 4,000 points of space, and that's only the part shown in the table. Over on the ETH side, it naturally didn't fall behind. After all, we mainly focus on BTC, so the volume wasn't as impressive as BTC, but the short positions in the evening also achieved decent profits. Whatever position you have, you should trade accordingly. How many points of space to take should be planned in advance. Greed is fatal. Don't worry about others; just maintain your own layout rhythm.
#BTC下探60000美元关键关口 $BTC $ETH