6.27 Afternoon BTC Strategy: Bulls Prevail, Bears Temporarily Avoid Spotlight, High Position Short!

Bitcoin quickly rebounded after dipping to 106,562 in the morning session, recovering the 107,000 level, with the hourly chart showing a 'four consecutive up' pattern, indicating short-term dominance by bulls. However, on the daily level, after reaching 108,272, it encountered resistance and fell back, forming a small bearish candle with a long upper shadow, indicating heavy selling pressure above and the risk of stagnation. Yesterday, the U.S. spot Bitcoin ETF saw a net inflow of 5,165 coins, indicating significant institutional support, but the on-chain turnover rate rose to 23%, reflecting strong short-term speculative sentiment, with market dominance shifting towards short-term players for high-position layouts.

Short Selling Strategy:

Price rebounds in the 107800~108600 range, build positions in batches.

Target down to 106500~105800.

Set stop loss above 108800.

Personal opinion, for reference only!