I. Technical Analysis Overview (as of June 2, 2025)

Current Price: Around 105000

Leverage Reference: 125x

Operation Direction: Leaning towards shorting for retracement, waiting for confirmation of support before going long.

I. Daily Level Analysis

Bitcoin has surged from 19521 at the end of last year to a high of 111959, completing a full main rising wave.

Currently, a top candlestick combination + high volume drop is appearing; yesterday's close broke below the 5-day moving average, and MACD's top divergence structure is initially evident.

MA10 at 104427, there may be a short-term need for a downward test.

If the support at 104000 is broken, it will open the space to retest the 100000~98000 area, the high-level adjustment on the daily chart has begun.

Judgment: The daily trend shows signs of weakening, with short opportunities greater than the risk of chasing long.

II. Four-Hour Level Analysis

Structurally, it has formed a clear M top structure from 111959, currently in the downward retracement phase of the right shoulder.

MACD death cross has formed, with volume amplification, trend momentum is declining.

MA30 (105679) briefly failed to support, if it fails to retrace again, the bears will further exert pressure.

If it breaks below 104000, it will trigger an accelerated downward trend, with key supports at 101500 and 98000.

Judgment: Short-term bearish, if the rebound does not surpass the MA30 resistance level, consider shorting.

III. One-Hour Level Analysis

The market is oscillating at high levels, with a weak rebound in the short term, currently under pressure around 105300.

MA5 and MA10 convergence, momentum exhaustion, rebound strength is limited.

If it breaks below 104500, the 1-hour level will enter a fast adjustment mode.

Judgment: A rebound to 105500-105800 is a good opportunity to short, with the defense level set above the high point.

II. Today's Strategy Layout (June 2, 2025)

Project Price Level (USDT) Parameter Explanation

Short Position Entry Point 105500-105800 Retracement Resistance Zone

First Take Profit Point 104450

Second Take Profit Point 102900

Stop Loss Level 107100 Confirmation of Reversal at High Points

III. Summary and Direction Judgment for Today

From the current daily + four-hour structure, Bitcoin has strong short-term retracement pressure, and the top pattern is gradually forming. The large upward trend may face a phase adjustment. Considering the high leverage environment, it is recommended to try short positions lightly in the 105500-105800 area, controlling risks reasonably. If the market retraces as expected, look for medium-term long positions in the 102000-101000 area.

Conclusion:

The above strategies are for learning reference only and do not constitute investment advice. High-leverage risks are enormous, and position sizes must be strictly controlled. For more real-time analysis, remember to follow Yang Ge, who will help you see through the main force's tricks and navigate through the fog of cryptocurrency!