⚠️6.28 Morning #BTC Market Analysis:

1. Daily Level:

• Yesterday formed a doji, indicating a balance of bullish and bearish forces, the market remains in a range-bound fluctuation.

• Support is located at the 5-day moving average (approximately 106500), if broken, it may test the middle Bollinger band (approximately 105800).

2. 4-Hour Level:

• The market is operating within a boxed range, with resistance at 107700–108200 and support at 106500–106000.

• The Bollinger bands are narrowing, indicating that a change is imminent.

• Current market conditions show a higher probability of a downward correction.

Trading Strategy

• Core Idea: Focus on short positions.

• Entry Area: Establish short positions in the resistance zone of 107700–108200.

• Risk Management: Develop a replenishment plan, set take profit and stop loss levels, and strictly enforce them.

Suggestions:

• Pay close attention to the performance of the 106500 support level, if it breaks, consider adding to short positions in line with the trend.

• If the market breaks through 108200, be wary of a bullish reversal and adjust strategies promptly.

• Maintain trading discipline and avoid emotional trading.

(Personal opinion, for reference only!)