【Price Trend Analysis】

Candlestick Pattern:
The recent K-line chart shows a clear downward trend, especially the significant drops on June 24th and June 26th.
On June 25th, there was a relatively long lower shadow, indicating some buying support at the low level, but overall it is still in a downward channel.
Technical Indicators:
MACD: MACD has been running below the zero axis, and both DIF and DEA are negative, indicating that the market is in a bearish trend. The MACD histogram of the recent few 4-hour K-line has shortened, indicating a possible rebound signal.
RSI: RSI14 fluctuates between 30-40, close to the oversold zone, indicating a possibility of technical rebound. However, it has not yet entered the strong zone and further observation is needed.
EMA: EMA7, EMA30, and EMA120 are in a bearish alignment, with the price being repeatedly constrained by EMA7 and EMA30, indicating significant short-term pressure. The current price is slightly above EMA7 (61052.97), but far below EMA30 (62062.12) and EMA120 (64830.18).
Trading Volume:
The daily trading volume on June 24th and June 25th increased significantly, reaching 52,161 and 31,189 respectively, indicating heavy selling pressure on Bitcoin during these two days.
In recent trading days, the trading volume has gradually decreased, and the market sentiment has become cautious with a strong atmosphere of wait-and-see.
It is recommended to focus on shorting the rebound, and do not buy the dips below 60000.