6.26 Evening Bitcoin Market Analysis

At midday, after seeing BTC rebound and break through 60,000, we temporarily looked at around 60,500, while ETH similarly viewed the 1,570-1,580 resistance range and the key breakout level of 1,600. Approaching evening, the price fell from above the 60,000 mark, returning to the 59,500 area, while ETH came out with consecutive bearish candles, dropping below 1,550. The market creates temptation every day—luring you to add positions when it rises, forcing you to cut losses when it pulls back—countless people fall in the heat of the moment.

Currently, on the BTC 4-hour level, bearish momentum continues to be released. If it probes lower again tonight or early tomorrow with volume, the momentum will keep strengthening. Moreover, KDJ is not in the overbought zone, meaning there is still room to move down. Now, bullish momentum on the 1-hour level is continuously weakening, so in the evening we still favor the continuation of the bearish trend. If the 59,000-58,600 area breaks down with volume, continue to track the 58,000 level breakdown. For ETH, following BTC, watch whether the previous low support at 1,503 is lost; if broken, then look at 1,460. Additionally, it is recommended to set your stops tonight—don't take chances. #美国5月PCE通胀升至4.1%创三年新高 $BTC $ETH