2025.6.27 Bitcoin ($BTC) Market Analysis and Trading Ideas
1. Market Analysis
① After three consecutive daily bullish candles, yesterday closed with a bearish candle that has a long upper shadow, indicating strong resistance above. However, the MACD formed a golden cross above the zero line, suggesting there is still room for upward movement. It is advisable to remain cautious for now.
② On the 4-hour chart, after a price drop and rebound, the price has returned to operate within the range. Focus on the upper boundary around 108200 and the lower boundary around 106500. If the price cannot break above or below these levels, it will continue to trade within the range. The Bollinger Bands indicate signs of contraction, with narrowed trading space, implying that the volatility will persist.
2. Trading Ideas
When the price approaches the upper boundary of the 4-hour range around 108200, a short position can be initiated, along with a plan for additional purchases. The target is set towards the range of 106000–105000, with strict adherence to take profit and stop loss levels.