Coin Circle Li Ying: 6.2 Bitcoin (BTC) Latest Market Interpretation and Operation Suggestions

Article Release Time 2026.6.2——00:30

Family, today's Bitcoin trend is quite interesting! The current price is 71130, looking at the K-line chart, it has been sliding down like a roller coaster in the past few days, previously it was stable around 74000, but suddenly dropped to around 71000. I have been watching the market for a long time and feel that this drop is not accidental, many technical indicators are signaling danger, but at the same time, there is a little opportunity for a rebound hidden within, Li Ying will discuss this thoroughly today, easy to understand for both beginners and veterans!

The moving average system, EMA7, EMA30, and EMA120 are all currently pressing down on the price, like three mountains, indicating that both short-term and medium-term trends are dominated by bears, if you want to rise, you must break through these pressures first. Looking at the MACD indicator, the DIF and DEA lines are both dead crossing below the zero axis, and the red bars represent that bear energy is still emerging, meaning that the downward strength has not been exhausted yet. The Bollinger Bands are even more interesting, with the price sticking directly to the lower band, which is currently around 71800; usually in such cases, it means either a rebound from overselling or a complete breakdown leading to further decline, and now it looks more like it is holding back waiting for direction.

Short-term reference:

Go short at 71000-70500, exit if it falls below 70000, target above 71500 aiming for 72500

Go long at 72500-73000, exit if it loses 73500, target below 72000 aiming for 71000

The above content is exclusively original by Li Ying, please indicate the source when reprinting! The publication of the article has a delay in review, and the market changes rapidly, so the above suggestions are for reference only and risks are borne by oneself. I hope Li Ying's appearance can be of assistance to you!

The content of the article is time-sensitive and for reference only; risks are borne by oneself

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