6.26

BTC near 59100-59200, try a light long position, stop loss at 58500, target 59800/60200;
From 60300 to 60600, wait for a counter-short opportunity, stop loss at 61200, target 59500/58800.

Last night, US stocks surged and then pulled back. After Micron's stock price hit a new high, profit-taking emerged, shifting market sentiment from euphoria to caution, and the crypto market came under pressure simultaneously.
BTC fell all the way from the high of 60222 to the current 59210, with consecutive bearish candles on the 4-hour chart, bottoming near 59100. The AVL average of 59234 has been broken, showing obvious oversold signs in the short term.

In terms of volume, trading volume continues to shrink, indicating that selling pressure is gradually weakening during the decline. The MACD fast line is flattening below the zero axis, and the KDJ is dull at low levels, suggesting a need for technical repair in the short term.
However, the EMA moving average system is still bearishly arranged, making the rebound strength questionable. The 60200-60600 resistance zone is unlikely to be broken through in one go.

Intraday, first look at the 59000-59800 range consolidation. Only a breakout above 59800 with volume would provide an opportunity to test the 60200-60300 resistance zone.
If 59000 fails to hold, it will accelerate towards 58500 to seek support.

At this level, you can try a rebound in the short term, but keep position size light and take profits quickly.
For a real swing short opportunity, wait for structure confirmation above 60300 before acting.
A rebound is not a reversal; don't mistake a repair for a main uptrend. $BTC ‌#0成本拿2股SK海力士