The master said about the coin: On June 14, the bearish trend of Bitcoin has weakened, and we need to be cautious of the possibility of a rebound

"Crocodiles always understand their prey before hunting, knowing where to find it, and staying calm and patient before it appears. As traders, we need to know where our strengths lie, how to leverage those strengths, and then manage ourselves to avoid overtrading before good opportunities arise."------NialFuller
**　　Bitcoin 4-hour chart　　**
**　　According to the current Bitcoin 4H chart, we can see that the DIF line is below the 0 axis but above the DEA line, and the MACD histogram is red but relatively short, indicating that the current downtrend is slowing down and a rebound could occur at any time. If the DIF line can cross above the DEA line to form a golden cross, and the histogram turns further red, it would mean that the price will rebound.**
**　　Secondly, through the KDJ indicator on the 4H level, we can see that the current K line value and D line value are both at a low position, and the J line value also shows signs of a bottoming rebound. If the K line value crosses above the D line value to form a golden cross, then the price will rebound.**
**　　Finally, based on the Bollinger Bands indicator on the 4H chart, we can see that the current price of Bitcoin is hovering near the lower band, with a wide opening between the upper and lower bands, indicating significant volatility recently. If the price can find effective support at the lower band and start to rebound, it will return to the middle band or even near the upper band.**
**　　Bitcoin 1-hour chart　**
**　　According to the current 1H chart, we can see that the DIF line is below the DEA line, and the histogram shows long red bars, indicating strong selling pressure. Although there is strong selling pressure in the short term, the DIF line and DEA line are converging, so we need to be alert for a possible golden cross.**
**　　Secondly, through the KDJ indicator in the 1H level, we can see that the K, D, and J line values are all around 60, and the J line value is starting to show a downward trend. The KDJ indicator suggests that there may be an adjustment in the short term, but the overall position is not extreme, and a rebound is expected next.**
**　　Finally, through the Bollinger Bands indicator in the 1H level, we can see that the current price of Bitcoin is near the middle band, and the Bollinger Bands are relatively narrow, indicating that a significant price fluctuation is about to occur.**
**　　Comprehensive analysis: Bitcoin may experience some volatility in the short term. Although the bearish trend is evident, indicators show that the bearish strength has weakened, and there is a possibility of a rebound. It is recommended that readers closely monitor key technical indicators, such as the MACD golden cross, KDJ oversold rebound, and Bollinger Bands breakout, to determine suitable entry points.**
**　　In summary, the following suggestions are provided for reference**
**　　Suggestion 1: Go long near 66500, target around 68300, stop loss at 66200.**
**　　Suggestion 2: Go short near 68300, target around 66300, stop loss at 68800.**
**　　Writing time: (2024-06-1, 18:00)**