### 6.26 BTC Early Trading Thoughts

In the overnight session, the overall trading range tightened. BTC surged to around 60245, met resistance, then turned and pulled back. After yesterday’s deep retracement, the bulls lacked sufficient rebound momentum; with price under pressure, it has been moving sideways around the high range, and the weak market tone remains unchanged. This week, we will follow the trend by staying consistent with short positions on rebounds, and there is ample room for cumulative profits from consecutive entries.

From a technical structure perspective, the weekly chart printed a large bearish candle with a real body. It effectively broke below the 60,000 key level and closed near the lows, suggesting continued downside pressure ahead. On the daily chart, there are consecutive bearish candles making new lows; the step-like increase in sell volume accompanies the downward move, and the descending pattern is complete. The one-sided bearish trend has not shown any reversal signals. In the short term, it only completes a weak repair through narrow-range sideways consolidation. With the major bearish trend firmly established, each round of rebound and consolidation is an excellent opportunity to short. If there is a violent wick-spike market, you may slightly expand the stop-loss. For long-term positioning, the expectation is continued downward movement toward lower levels.

**Trading reference:** When BTC rebounds into the 60000-60800 zone, build short positions in batches. For the first round, the target is the 58000-57000 range.