$BTC Short-term Market Analysis

Based on the current market conditions, this looks more like a rebound recovery after a sharp drop rather than a bottom reversal. The market has neither experienced sufficient bottom accumulation nor an extreme crash to complete liquidity cleansing, so the probability of directly starting a new bull market is not high. It is more likely to complete the bottom formation through oscillating and testing lows.

It is still too early to confirm the bottom has formed, but we are getting closer to the true bottom-fishing zone. There is no rush to increase positions until key confirmation signals appear. I will notify when the time comes.

BTC's short-term price has found support after retracing to the 60-day moving average and remains in a valid rebound structure. As long as 61,300 is not lost, the overall approach remains to buy on dips. The next resistance levels to watch are 63,400 and 64,200, with strong resistance at 65,500.

ETH should focus on the strong resistance around 1,850. Whether it can break through depends directly on the 2,000 mark.

SOL is performing well, moving independently. Could it reach 300U in the second half of the year? With capital gradually flowing into the ecosystem of first-tier SOL chain golden dogs, it should also skyrocket!