6.27 Afternoon Thoughts

From the 4-hour technical perspective, Bitcoin is running along a downward channel, with rebound high points decreasing in a stepwise manner. The MACD green bars are increasing, and the KDJ has formed a death cross, indicating that bears are dominant. The Auntie's trend is also weakening, and the rebound has not broken the resistance level of $2510, with the MACD leaning bearish. Overall, in the short term, the coin price is bearish, and it is recommended to short at high positions during the day, while also paying attention to market risks; technical analysis is for reference only.

​Bitcoin trading strategy: Rebound around 107550-108150 🈳, looking down to break below around 106350 and then looking down to 104550.