It's not that I'm blindly bearish, it's just that I can't see any reason for Bitcoin: native to rise at the moment. The US stock market is rising while it's falling, and if the US stock market falls, it will only fall even more! The standard downward trend has emerged from the high point in May, and the high point has been continuously moving downwards, indicating that the bearish structure has not ended yet. However, after the price hit around 58000 yuan, it also entered the resonance zone between the sharp drop tip and the lower track of the channel ahead. This is not a safe zone, but it must be the place with the deepest liquidity. Above 61000 is the short-term neck line level, 64000 is the intensive trading area in the early stage, and it is also the real strong pressure of this round of rebound. If the price cannot reach 64000, all upward movements can only be regarded as a pullback first, and should not be easily defined as a reversal. The area below 56000-58000 is the most critical defensive zone of the week. If this position is only penetrated, it is likely to be a liquidity hunt. At the same time, the continuous outflow of ETFs indicates that institutional funds have not actively entered the market. If the Nasdaq weakens in the future, BTC, as a high beta risk asset, will find it difficult to independently strengthen. So the trading strategy for this week is simple: don't chase short, don't chase high, only focus on 56000-58000. If the price is accepted in this region with a large volume, you can watch the rebound in batches, with a short-term target of 61000 and a strong pressure target of 64000. But the stop loss must be placed below 55800, because once it falls here, the market is not washing away, but continuing to search for a new liquidity bottom downwards. Now is not the time to close your eyes and search for the bottom, it is the time to use discipline to deal with panic, and to be patient and wait for big opportunities!