In the live broadcast of Sanqian Community: retaliatory rebound! BTC returns to 63000, ETH surges 8%, bears sell out $540 million, is it a reversal or a lure to long?

Click on the link to enter the meeting: https://meeting.tencent.com/dm/cUXexTqqrxgp Hello everyone, I am Cannon Teacher. The latest market trend on June 8th has changed, and yesterday the cryptocurrency market rebounded in a retaliatory manner across the board. BTC has pulled back from its lowest point of 59101 and reached a high of $64231 today. It is currently consolidating around $63000 and has risen 4.41% in 24 hours. 【 Pressure Above 】 The 64200-64500 area (today's high point+early chip intensive area), if effectively broken through and stabilized, the rebound space opens up to 66000-67000. 【 Bottom support 】 62000-62500 (rebound area), if the rebound cannot be broken, the rebound structure is healthy. The daily chart of ETH closed at a long bullish line yesterday, covering most of the non farm night's decline. However, attention should be paid to the 4-hour level: after reaching 1716 in early trading today, there has been a slight decline, indicating that the selling pressure above is still present. 【 Upper pressure 】 1720-1750 area (lower edge of the horizontal platform in the early stage), break through and see 1800-1820. 【 Bottom support 】 1650-1670 (4-hour MA25 support zone), if it falls below, the rebound structure will weaken. Key level: If BTC does not break through 62000, and ETH remains above 1700, it is expected to launch a test towards 1750. The CPI data for June 10th (the day after tomorrow) is about to be released, which is the biggest catalyst for this week - if the data exceeds expectations, the expectation of interest rate hikes may strengthen and the rebound may fail; If the interest rate is lower than expected, the expectation of interest rate cuts will increase and the rebound is expected to continue. See you tonight at 10 o'clock. Let's talk about the market position, don't chase high, don't panic, and wait for the structure to be confirmed before taking action. Tencent Meeting: 75633825420 QQ group: 1105107912 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.