Midday Bitcoin continues to fall from the high of 64,700, repeatedly closing in red and dropping to a low of 62,100. In the evening, the bulls gained strength and pushed the price up, forming a series of consecutive bullish candles for a rebound, completing a short-term correction after a sharp decline. On June 2nd in the morning, a clear short-selling strategy was announced, entering short positions at around 69,200 points. The other short-term short positions took profits early, leaving about 2,000 points of profit before exiting. This position adhered to a medium- to long-term holding mindset, not disturbed by short-term fluctuations. By midday on June 4th, the price reached the target zone of 64,400, and all positions were closed for profit. This wave of trading resulted in a steady gain of 4,800 points. I can only provide analysis ideas; I cannot place orders for you. Keeping pace is the only way to seize market opportunities. Even the best strategies are useless if you hesitate or watch passively. The best market opportunities and profits are always reserved for those with strong execution.
From a technical perspective, after midday, Bitcoin faced resistance at the key 64,700 level and was blocked. The bears continued to dominate with increased volume, causing the price to decline step-by-step supported by moving averages. Multiple bearish candles formed, continuously descending. After releasing enough bearish momentum, short-term support was found at around 62,100. As selling pressure exhausted and buying interest at low levels increased, bulls launched a concentrated rebound in the evening, quickly recovering more than half of the decline with large bullish candles. This upward move is a technical oversold correction after a deep retracement. The previous high of 64,700 has turned from support into a short-term strong resistance level. The 62,100 level has established a phased support platform. The short-term market structure is shifting between bulls and bears. Maintaining a low-long operation strategy is recommended. When the price slightly retraces near the support zone, it presents a good entry opportunity for long positions. After holding, look for the price to rise step-by-step toward the 64,700 resistance. In the short term, avoid blindly shorting against the trend. Personally, I suggest a bullish outlook tonight; the current price can also be shorted directly.
Tonight, I personally recommend watching Bitcoin around 63,500-63,000 for long entries, with targets near 65,000. Ethereum can be considered long at 1,755-1,735, with a target near 1,850. #分享美股交易赢英伟达股票
