6.30 Tuesday Midday Latest Strategy Analysis

The current market, BTC continues to grind narrowly within the range. It's really slow. The bulls have attempted to break through the 60700 resistance three times but failed to hold.
On one hand, there is a large accumulation of trapped long orders at this level, so when the price rebounds here, concentrated selling pressure emerges. On the other hand, BTC itself is relatively weak and cannot complete a breakout on its own; it needs a wave of positive news to drive it and open up upward space.
The key support at 59000 below has also been retested many times. After multiple retests, the support strength continues to weaken. If the support can be held, there can be another rebound, but this rebound must effectively break through 60700 for the uptrend to have conditions to continue. Otherwise, if it falls back and breaks below this level, the market will test the previous low of 58030.
In terms of operations, prioritize setting up short orders based on the resistance above; do not blindly chase longs within the range. It is recommended to wait for the key resistance level to be broken before following the trend.
BTC: Short around 60300-60700, target
59000→58030
ETH: Short around 1585-1600, target 1530→1500
$BTC $ETH $IOST