$BTC

Bearish view:

The current 6-hour K-line trend does not provide a pullback buying opportunity. A slowly rising market may not rise in volume, while a negative decline often leads to a large decline.

At present, the area around $61,200 is an ideal stop-loss position. After that, it is necessary to observe the direction signal after the shock consolidation before deciding the time to increase the position.

It is recommended to short slightly at the current price position, but do not blindly chase high. The bearish trend on the daily chart is more obvious, while the bearish trend on the weekly chart needs to observe the bullish reaction near $60,000 to see if an ideal K-line pattern can be formed.

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