2025.6.3 Bitcoin ($BTC) Market Analysis and Trading Strategy
1. Market Analysis
Bitcoin has experienced a small rebound, and many people are starting to feel excited, thinking the market is back and it has reversed. In fact, the daily level has not yet surpassed the Bollinger middle band around 106,500. If it cannot effectively hold this position, the market will continue to retrace. In my personal opinion, there will be a significant deep retracement, and I advise everyone not to blindly chase after highs, as you may get trapped.
2. Trading Strategy
Intraday trading should mainly focus on shorting at highs, with short positions around 106,500. Ensure proper position management and strictly implement take profit and stop loss measures.
$BTC
