June 3

1. BTC spot ETF. On June 2, ETF closed.

2. Sentiment index, FGI, 73

3. On-chain TVL totaled 107.22B, down 0.27% in 24 hours

4. Current BTC market:

1W cycle, long direction, long in space, lasting 28 cycles

1D cycle, shorts weakened, the current short direction has gone through 40 days, long in space, long defense position 62233;

12H, longs strengthened, longs cycled, longs went through 17 cycles, long in space, long defense position is 65780, buy point 68166-69000

6H, longs weakened, long market may continue, long in space, buy point 68175-68660

4H, shorts weakened, long in space, long defense position 67488

1H, longs normal. The space returns to normal, and the long position is 68069

Intraday direction: long

Intraday pressure level: 69800, 70400

Intraday support level: 68247, 68066$BTC

The daily interpretation content is only for sharing and communication, and does not constitute any investment advice $ETH

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