Monday June 29 BTC afternoon thinking

In the afternoon, BTC is weakly consolidating sideways in the 59000-59900 range. The 60000 level has completely turned into strong resistance. With a small rebound, there is selling pressure from trapped positions, and the bulls have no sustained upward momentum.
Macro bearish factors continue to suppress, the Fed's hawkish expectations remain unchanged, the US dollar and US Treasury yields are running high, spot ETFs have seen large outflows for many consecutive weeks, market funds continue to withdraw from the crypto track, panic sentiment is strong, and long positions have been concentratedly liquidated in 24 hours.
Technically, all indicators are bearish. Short-term support is at 58800-59000. Once it breaks, it will test lower levels. Above, the dual resistance at 60000 and 60279 is difficult to break. In the afternoon, there is only a very small possibility of a correction. The overall trend is bearish, with the main rhythm being a rebound followed by a decline to test low-level support $BTC $ETH $SOL
Operation suggestion: short 600-605, target 585, if broken, see 570.