6.26 Morning Analysis

From the 15-minute to daily timeframe structure, BTC shows a clear multi-cycle descending price arrangement: 15-minute at 62,500, 1-hour at 62,000, 4-hour at 61,500, 8-hour at 61,000, and daily at 60,500, forming a typical near-high and far-low bearish pattern. This indicates that short-term sell-side momentum has the upper hand, and the price gaps between the cycles have not shown any clear convergence yet; the effectiveness of support below still needs to be verified.

The indicator value of 59,875 serves as the key intraday bull-bear watershed level. The current price has a clear negative deviation from it, suggesting that the fair pricing center has shifted downward, limiting the upside space for a short-term rebound. The resistance zone of 60,500–61,000 is where you should focus: it is the key intraday bull-bear transition area. If the rebound reaches this zone but fails to break through effectively, the bearish structure will likely continue.

In today’s Asian session, the market is expected to maintain a pressure-led consolidation pattern, with a focus on how strongly bids hold in the 59,800–60,000 area. If this line of defense is lost and 59,875 is effectively broken, downside room may open further toward the 59,200 area. Conversely, if the market recovers above 60,500 with increased volume and holds, it may trigger short-term short covering and push the price upward to test 61,000. Current volatility is in the late stage of contraction, and a breakout window is approaching. Investors are advised to wait for directional confirmation after liquidity injections during the U.S. session, then trade in line with the trend while strictly controlling leverage risk.

Trading suggestion: Sell at 60,500–61,000, target 58,500–59,000.$ETH $BTC $SOL #BTC下探60000美元关键关口