【$btc】2025.6.24

First of all, it was clearly stated yesterday that we are looking for a rebound in these couple of days, and once the price surpasses $103,000, it won't easily create new lows again, at least not this week. This is the original statement. However, the fact that it has rebounded this much is completely beyond my expectations. To be honest, I didn't see $106,000; yesterday I only saw $103,000. Once the price reaches here, it may fluctuate up and down or face resistance and adjust. However, if it's catalyzed by news, this is generally hard to gauge.

The current biggest pressure is from 【$106,000~$106,500】. Can it break through here? Yes! But it first needs to face a wave of adjustment. And the adjustment is currently happening and in progress. If we can see a higher position, does it mean we can go long below? Yes. Where is the long position? Around $103,400. Can we place it directly? No. If you are doing spot trading, you can place it directly. But if you are doing contracts, it is recommended to look for opportunities for right-side trading near this price. There is one uncontrollable factor here, which is that Israel and Palestine are still fighting and unpredictable, sometimes saying they want to negotiate and other times launching missiles...

On the ultra-short term, 【$104,200~$104,400】 is a support area. If the price drops here, there may be a small rebound, but it may not be significant. Once it effectively breaks below $104,200, we look directly toward the range 【$102,800~$103,200】, which will be slightly more effective. As for the upper side, you can look for opportunities to set up short positions, with a stop-loss set at the small previous high, temporarily expecting a slight adjustment.