6.26 Zhaoying Morning Big 🫓: Weak rebound, shorting at highs remains the main theme

Yesterday, bears dominated the market. During the day, it consolidated in a narrow range. After the US stock market opened in the evening, prices surged and then fell back. Immediately, bearish momentum was released intensively, leading to a deep plunge. The low accurately touched the 580 line, highly consistent with previous predictions. This wave successfully captured nearly 3000 points of 🈳 space.

After the sharp drop, the market entered a brief corrective rebound. Although prices briefly tested the 60,000 mark, subsequent buying was clearly insufficient, and the upward momentum lacked sustainability. From the K-line pattern, the overall structure remains weak in a downward oscillation. Each small retracement is accompanied by a deeper pullback, with highs and lows gradually moving lower. In the short term, there is no basis for a reversal, and shorting with the trend is still the safest choice.

Morning operation reference: Watch for resistance near 600 and 606 on the rebound. You can enter short orders in batches. The primary downside target remains support at 580. If 580 is effectively broken, the downside 🈳 space will further open, and the subsequent target can be seen in the 570-560 range. $BTC $SOL $ETH
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