2025.6.29 Bitcoin ($BTC) Market Analysis and Trading Strategy

1. Market Analysis

① Daily Level: Yesterday, the daily line closed with a doji star, fluctuating no more than 800 points up and down. In such a market, it is difficult to operate. We are still in a state of anxiety; the Bollinger middle track is curving down, while the MACD shows a golden cross on the water with an increasing energy bar. The trading volume is insufficient, and it is highly likely that there will be a period of volatility.

② 4-Hour Level: The market continues to operate within the range, and the Bollinger bands are narrowing. The price is currently operating near the Bollinger middle track, with the possibility of a trend reversal at any time. Closely monitor the upper range around 107700–108200 and the lower range around 106500–106000 to see if we can break through or fall below effectively. If it breaks above, watch for resistance around 110300; if it breaks below, watch for support around 105000.

2. Trading Strategy

Currently, the market is in narrow fluctuations; it is best not to operate, observe more and act less, and keep your hands steady. If it cannot effectively break through around 108200, consider entering a short position. If it cannot break below around 105000, consider entering a long position. All positions should have a replenishment plan and take profit/stop-loss measures, which must be strictly executed.