Bitcoin fell below $60,000 yesterday, and our previous bearish strategy and operations have yielded substantial returns. Congratulations to those who followed our trades! The price has rebounded from a low of around 59,100 and is currently around 61,000. We can see that today's rebound high is facing resistance at 62,000. Therefore, the strategy remains to short. Don't even think about bottom-fishing. As we predicted in previous articles, the lower limit might be $57,000-$55,000, and in extreme cases, it might even test $50,000. ETH has already touched around 1,500 today, and there's still room to fall. I think $1,300 is achievable, and it might even reach the $1,000 area. Therefore, for spot trading of ETH, wait a bit, and enter in batches below $1,300. There's no need to trade ETH futures; just focus on Bitcoin. You can enter a short position on Bitcoin around 61,000, with a stop-loss above 62,000 and a take-profit target in the 60,000-59,000 range. Friends who want to discuss trading strategies can check my profile page; I will provide timely price lists.
Bitcoin hasn't bottomed out yet; continue shorting at 61,000.
2026-06-06 08:11:11
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