June 25th BTC/SOL Contract Long and Short Analysis

The market has been quite uncomfortable from yesterday to now, with extremely narrow fluctuations. After watching the market for a day, there haven't been many good participation opportunities. This morning, 14948210997 briefly broke through the pressure level of 106500. The 1-hour chart looks like an ascending triangle, but whether it can truly break through depends on whether the 4-hour closing can stay above 106500. Only after successfully closing above can it be considered a trend reversal. Currently, the short-term support for Bitcoin is at 103400, with 4-hour support around 101100. The upper pressure is around 107700.

Regarding the movement on 81919529013, there was also narrow fluctuation throughout yesterday, making it quite torturous to watch the market. However, the 4-hour candlestick at 12 o'clock has formed a shooting star, indicating that in the short term, the rise should have peaked. The subsequent pullback should pay attention to support levels at 136 and 134. The upper pressure remains at 151.

The trading strategy in the past two days has had its challenges; both long and short positions have been profitable for a while, only to quickly turn into losses, continuously tormenting you back and forth.

Today, we are waiting to see if the OBV can stand above the moving average, and whether the CCI can experience a surge. We will subsequently judge whether a reversal is truly imminent; otherwise, it still appears to be a trap for bullish traders. All B friends must exercise caution.