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Friday Bitcoin intraday thoughts
The current overall structure is oscillating with a bearish bias; a rebound is not a reversal.
The current price is in a weak recovery after a decline; going long is a "fish tail" move and hard to trade.
Main strategy: short on rallies
Short directly at 61000-62000
Target 60000-59000, if broken look at 58000
Stop loss above 62300
Secondly, short-term longs
Only go short-term long if it stabilizes at 59000-60000
Quick in and out, don't linger
Target 61200-62000
If it breaks below 59000, abandon the long idea
If it holds above 63300, the bearish structure becomes invalid
If it breaks below 58000, deep decline begins, next target 54000
Only short at highs, short-term long at lows
Don't chase trends, don't hold against the trend
#美光市值超越Meta跻身全美前十 #美国5月PCE通胀升至4.1%创三年新高 $BTC