The key battleground for the market is here! In-depth analysis of trends and strategies!

1. Market Analysis The current trend of Bitcoin presents a complex and critical situation. The price continues to rise despite divergence, successfully closing at a new high on the daily chart, indicating strong bullish momentum, and overall remains within an upward channel. As long as the lower boundary of the channel is not effectively broken, it is not advisable to blindly short. However, there is significant resistance in the upcoming supply zone, with $108,500 becoming a key level. Once broken, it is very likely to refresh historical highs. From a monthly perspective, Bitcoin has seen two consecutive months of gains, with a dynamic bullish candlestick pattern indicating potential for further upward movement next month; the pressure level at $114,000 on the monthly chart is worth paying close attention to. However, caution is needed as the 3-day indicator has entered the overbought zone, increasing the risk of short-term pullbacks. Although bulls dominate, the market is not without its challenges.

2. Operational Strategy In light of the current market conditions, it is necessary to remain cautious and flexible in operations. Before the price breaks through the strong resistance at $108,500, investors are advised to avoid blindly chasing bullish positions to guard against pullback risks. In the early session, focus on the pullback trend; aggressive traders may consider light short positions around $107,000, waiting for a price pullback. If the price pulls back to around $105,000 and stabilizes, it may be appropriate to consider reverse buying for higher price levels; if it fails to effectively stabilize at this support level, there are additional key support levels at $104,200 and $103,000, which can be adjusted based on actual conditions. If the price subsequently breaks a new high, be wary of a double top formation; once established, the market may face significant downward pressure in the second half of the year. At this point, it is essential to take profits and stop losses in a timely manner to avoid potential risks.

$BTC #币安Alpha空投SOON