$BTC


From the four-hour major trend, it still leans toward weakness. At this stage, the rebound is only a regular corrective move. MACD remains steadily below the zero line, and the overall pattern of bears dominating the market has not changed.

The 61000 to 61300 level will only bring short-term pressure and cannot reverse the overall market direction. The one-hour upward momentum has clearly weakened, and short-term pullback demand has surfaced. In the next phase, sideways consolidation and washing out will appear frequently.

Support is around 59500. Whether it will accelerate to the downside depends entirely on whether the support level can be broken. In terms of trading approach, short at higher levels.

Suggestions:
BTC short on a rebound to around 61000—61200, target 60000—59000

ETH short on a rebound to around 1645, target 1600; if it breaks through, continue to hold
BTC1.76%
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BalanceScreenshotAfterTheRain
· 07-02 09:04
MACD below the zero line is indeed unpromising, but if the 59500 support truly breaks, bears should also watch for a fakeout. At this level, I prefer to wait for confirmation signals.
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