📍#BTC Technical Analysis (2025/06/06)

Bitcoin officially broke through key support today, bearish structure fully unfolded ✅

If it continues to decline, weekly bullish support will face significant pressure, please pay close attention!

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【Daily 1D】

Trend: Long positions stopped out → "down then up" bearish structure formed, has broken the first support, expected to continue falling to challenge key weekly support levels

🔻 Short positions:

🛑 Trailing stop: 110718 (breakout can go long)

🔺 Add short: 103851 (initial pressure), 104341 (best), 105420 (final major pressure), 105723 (end pressure)

⬇️ Break down and chase short: 100718 ✅

🎯 Take profit: 99120, 91952, 84784

📌 Additional observation:

MACD death cross is spreading, RSI on the downside edge, if it breaks below 99000, it will quickly attract towards 91952.

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【Four Hours 4H】

Trend: Bearish structure confirmed, MACD continues to spread, RSI enters oversold → Short-term possible rebound but medium-term still bearish

🔻 Short positions:

🛑 Trailing stop: 105910 (breakout can go long)

🔺 Add short: 103794 (best), 104724 (final major pressure), 105833 (end pressure)

⬇️ Break down and chase short: 100372

🎯 Take profit: 102562, 99946, 97331

📌 Additional observation:

Price has entered the mid-section of a downtrend channel, if the pressure does not break after a short rebound, it is still a good opportunity to enter, suggest moving stop to protect profits.

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【One Hour 1H】

Trend: Bearish acceleration phase, has reached TP3 → Currently entering RSI oversold, short-term opportunity for a rebound, suggest holding short positions but be conservative with position size

🔻 Short positions:

🛑 Trailing stop: 105910 (breakout can go long)

🔺 Add short: 102213 (initial pressure), 103794 (best), 104724 (final major pressure), 105833 (end pressure)

⬇️ Break down and chase short: 104179 ✅

🎯 Take profit: 104331 ✅, 103034 ✅, 101738 ✅

📌 Additional observation:

Short-term killing of longs has come to a pause, entering a potential rebound area, but there is still no structural reversal signal, bulls should avoid entering to catch the bottom.

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【Operation Summary】

📉 Daily: Bearish structure formed → Break below 100718, opens up mid-term downward space

✅ 4H: Bearish structure continues → Suggest adding shorts on rebound, not advisable to chase longs

⚠️ 1H: TP3 achieved and entering oversold → Continue holding shorts but need to manage risk, avoid a reversal

🎯 Comprehensive judgment: Market is short-term oversold but trend is clearly bearish