6.30🫓 Evening Analysis

Bitcoin's intraday highs are gradually moving lower. It has been oscillating downward from 60758, with the lowest dip to 58988. Indicators across all timeframes remain under pressure, and bullish momentum continues to weaken. The daily and 4-hour charts clearly show a downward trend, and volatility is expected to increase during the US session. The key resistance zone above is 60000-60758, short-term support at 58988, and strong support at 58030. Once it effectively breaks below, the downside space will further open.

Trading suggestion: Short from the 59900-60300 range, with the first target at 58900. If it breaks, look for an extension to 58000, with an extended target of 57500.

If the 1-hour candlestick closes firmly above 60000, then on a pullback to 59400-59600, go long with a light position, target 60800.

Evening sessions have high volatility, so strictly control position size and set stop-loss protection #BTC