#Strategy加仓BTC June 6th Morning Bitcoin Price Analysis



Review of last night's market — Bitcoin surged to over 9700 then started to turn around, finally retracing to the 95,000 level. To be honest, the bulls are already showing clear signs of fatigue, and currently, the bears hold the dominant position in the short term.

However, don't be too optimistic about shorting either, as the resistance above is indeed strong, and the support below is quite solid. At the moment, there are no particularly clear signals of a breakdown.

Therefore, the strategy is simply one word — wait. Wait for a rebound to appear before entering short positions, don't rush to chase.

Trading suggestions:
$BTC consider shorting when it rebounds to the 96,500-97,500 range, with targets at 94,000-93,000.
$ETH follow the rhythm and adjust accordingly.

That's the market for now. Be patient and wait for signals from the market, don't be fooled by short-term fluctuations.
BTC1,85%
ETH2,11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
EthSandwichHerovip
· 01-18 19:43
It's the same old story, always saying wait for the rebound to enter the market, but the rebound directly broke through 97,500, right?
View OriginalReply0
GasBankruptervip
· 01-18 12:58
95,000 and back again, this wave of bulls really has no strength left.
View OriginalReply0
Ser_This_Is_A_Casinovip
· 01-17 08:53
97,000 has come back again. This wave of short sellers really has some skill. It's wiser to wait for the rebound before getting in again. Don't follow the trend and chase orders. Target is 9.3 to 9.4. Stay calm, and you'll win.
View OriginalReply0
MEVictimvip
· 01-16 02:01
It's the same old trick again, waiting for a rebound to short... Will this time's dump wipe out everything, even your pants?
View OriginalReply0
LeekCuttervip
· 01-16 02:00
Still waiting? Bro, can you wait long enough to see some results this time? We've crossed the 95,000 mark so many times.
View OriginalReply0
LiquidationWatchervip
· 01-16 01:57
Once again bouncing around 97,000, like playing around, finally someone said don't rush to chase it anymore.
View OriginalReply0
HappyToBeDumpedvip
· 01-16 01:54
Waiting for a rebound again, feels like I'm always waiting...
View OriginalReply0
GateUser-26d7f434vip
· 01-16 01:54
It's the same old waiting game, I just want to know how long this wait will last until the Year of the Monkey or the Horse.
View OriginalReply0
RugPullSurvivorvip
· 01-16 01:53
Waiting again, waiting every day, I'm so tired of waiting... By the way, are these bears really that confident this time?
View OriginalReply0
NestedFoxvip
· 01-16 01:47
It's another wait-and-see tactic. How long will it take to bottom out if we keep messing around like this?
View OriginalReply0
View More
  • Pin