6.27 Evening Bitcoin Trading Review and Strategy Analysis

Intraday Trading Review

After profiting from a short position in the morning, I switched to a short-term long position, taking profit on the long position during noon and capturing 1200 points in total; in the afternoon, I positioned for a short again, currently holding a position expecting to gain 1000 points in profit. The market continued its oscillating pattern throughout the day, and although there was no significant volume, the accumulation characteristics were evident, increasing the probability of a breakout after consecutive oscillations.

Technical Analysis

• Trend Structure: The likelihood of a strong start to the week and a weak end is relatively high. Currently, the four-hour Bollinger Bands are continuously narrowing, with prices attempting to break the middle band but unable to hold, and MACD, KDJ, and volume (Vol) all showing death cross signals, indicating weakness; after the six-hour candlestick closes, the upper Bollinger Band is turning downwards, and MACD is converging towards a death cross, further confirming short-term weakness.

• Key Signals: If prices rebound and break weak indicators (such as MACD golden cross, stability at the middle band of Bollinger Bands), strategies need to be adjusted based on the strength of the rebound; otherwise, maintain a bearish outlook.

Evening Operation Suggestions

• Short Position Entry: Position for a short between 107200-107500 for Bitcoin, with the first target at 104700. If the bottom support breaks, there may be a continuation down to a 1000-point space (around 103700), with a stop-loss set at 107800 (beware of trend reversals if the middle band is broken).

Risk Warning

During the oscillating accumulation phase, be wary of sudden large volume movements. It is advisable to strictly implement stop-losses, and if the market breaks through the upper or lower Bollinger Bands with significant volume, timely adjustments to positions are necessary to avoid risks from one-sided fluctuations.