6.29 BTC Evening Market Analysis

Will the extreme abnormal market movement that appeared on Friday repeat? From the perspective of the chart structure, the overall core trend remains unchanged.
Do not be misled by short-term minor pullbacks. The current candlestick forms a typical bearish "Dark Cloud Cover" pattern, and bearish momentum is continuously accumulating. Although the price temporarily stands above the short-term moving average, the long-term moving average shows significant suppression. The bullish upward momentum is weakening, clearly forming a bearish structure under high-level pressure.

Operation Plan:
Place short orders near 60000, short-term target near 58300;
Hold long-term to continue looking at the key support level 55500. #btc