6.30 Evening Analysis and Trading Suggestions

Market Analysis and Forecast:
BTC continued its bearish downward trend during the day, with the price rebounding to around 60025 but failing to firmly hold the 60000 level, then oscillating lower, hitting a low around 58160 in the evening, and is currently consolidating around 58500. From the 30-minute structure, both highs and lows continue to decline, the bearish trend remains unchanged, and the rebound strength is clearly insufficient, indicating that bottom-fishing funds are still cautious. ETH weakened in tandem, rebounding to around 1602 then falling all the way to a low near 1549, before consolidating around 1570, with the overall performance still weaker than BTC. On the news front, the market continues to focus on this week's important US economic data, changes in Fed rate cut expectations, and spot ETF fund flows, but with no new positive catalysts in the short term, market sentiment remains cautious, and funds are mostly on the sidelines. Technically, the BTC 60000-60500 area has shifted from previous support to short-term resistance, and the ETH 1600-1620 area also has strong selling pressure. Without a clear volume breakout, the overall structure remains bearish. If the evening rebound lacks volume, further downside is expected, and the trading strategy remains shorting on bounces.

Trading Suggestions:
BTC short near 60000-60500 on bounce, targets 57500, 56500.
ETH short near 1600-1620 on bounce, targets 1540, 1500.
#日元跌至40年低点 $BTC $ETH