Friday early morning, June 26

After several days of decline, Bitcoin experienced a slight rebound during the day, then surged to 61,700 in the evening, but quickly plunged to a new low due to unemployment claims data. Fortunately, buying orders quickly stepped in, pushing the price back to the 59,000 level to consolidate. The bottom support is very solid, and there is room for a rebound recovery in the future.

At the 4-hour level, despite a bottom recovery that erased the decline, bearish momentum has not been fully exhausted. KDJ is about to form a death cross, and MACD shows bearish volume expansion. The market is likely to test the low again.

Focus on defending the 58,000 support. As long as it is not effectively broken, rely on this support to place long orders.

BTC: Long within 57,500-58,000 range, target 60,500-61,500
ETH: Long at 1,500-1,530, target 1,600-1,630 #BTC下探60000美元关键关口