Market trend on June 3, 2024:

In the past two days, Bitcoin has been fluctuating above 67,000, with fierce competition between long and short positions, and it is obvious that the bulls are strong. In the evening, it was pulled up again above 68,400, but the market did not stabilize effectively, but fluctuated and fell back. At present, the price of the currency fluctuates above 68,000. In the short term, the market is still in a bullish trend. Although there is a small retracement, the strength is obviously weak, so the operation is still firmly bullish.

Bitcoin fluctuates too much, giving the cottage a chance to perform. Obviously, institutions are starting to make a fuss about cottages.

At present, Bitcoin's short-term pressure is at 68,500 and strong support is at 66,500; Ethereum is relatively weak, with short-term pressure around 3,850 and support at 3,700.