Analysis of Long and Short Strategies for BTC/SOL Contracts on June 26

The big pie (Bitcoin) surged again yesterday, reaching a high after our reminder of a small 1000-point pullback at 107800 yesterday afternoon. This morning, it dipped again. As we are approaching the end of the month, traditionally, there shouldn't be significant fluctuations, and we are mainly returning to a range-bound market.

Currently, Bitcoin is showing a relatively strong trend on the 1-hour chart as long as it doesn't break below the EMA15. If you want to go short today, consider two strategies: one on the left side and one on the right side. The first is to short on a pullback at the resistance of 109200, and the second is to wait for a break below the EMA15 on the 1-hour chart before going short.

For going long, the support level is at 104800, and a particularly frustrating scenario would be a drop to 101100 followed by a rebound.

The market has been very choppy these past two days, making both long and short positions quite painful. The upper resistance at 151 has not yet been reached, while the short-term support level is at 141, and the 4-hour support level at 133 is worth monitoring. There isn't much else to remind you about in other positions.

As we approach the end of the month, it's best for everyone to avoid the mindset of holding long positions. If you have made a profit, quickly take partial profits and exit instead of continuing to trade!