#USD1链上质押享年化9.48% $BTC #Zhaoying Thoughts on the Morning of June 29

A new week brings new circumstances, with a clear overall picture. On Saturday, it surged up to around the 60900 area, then met resistance and pulled back. After that, it moved lower to probe the lows, followed by a small rebound that tested the trend resistance level but failed. It is currently trapped in a sideways consolidation around 59300.

Up above, watch the resistance zone of 60200–60700. You can try a light short position 🈳, leaving room for adding positions 🈳. The first target is the 58000 integer level—if it breaks down effectively, then further targets lie in the 57700 area and even the 56000 zone. In the short term, do not blindly buy the dip. Keep position size light and strictly follow stop-loss.

Market-wide Outlook:
On the large-cycle scale, the bearish head structure shows no signs of any reversal. The rebound over the past two days is only a technical correction. The short-term moving averages continue to exert pressure, and the downward trend line firmly blocks the upside space 🈳. Rebound strength has clearly weakened, and bullish momentum is difficult to sustain.