📍#BTC Technical Analysis (Updated on 2025/07/06 Morning)
BTC is consolidating around 108k in the short term, with a tug-of-war between bulls and bears, and key support and resistance levels clearly indicated to help you grasp the next direction.
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【Timeframe】1H
Trend: Consolidation leaning bullish. The 1-hour EMA9/21 has crossed above and stabilized above the 200EMA, with strong support at the middle Bollinger Band, but trading volume still needs to increase.
🔹 Long Position Information:
🛑 Stop Loss: 107,761 (break below can short)
🟢 Add Long: 107,761 (not triggered)
🚀 Breakout Add Long: 111,385
🎯 Take Profit: 114,415, 120,301
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【Timeframe】4H
Trend: Slightly bearish. The 4-hour EMA9 has fallen below the EMA21 and lost the 200EMA, with price constrained by the upper edge of the downward channel, and bearish momentum dominating.
🔻 Short Position Information:
🛑 Stop Loss: 111,385 (breakout can go long)
🟢 Add Short: 111,385 (not triggered)
🚨 Breakout Add Short: 102,470
🎯 Take Profit: 96,584, 85,555
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【Timeframe】12H
Trend: Slightly bullish. The 12-hour EMA9/21 maintains a golden cross, with price stabilizing above the middle axis of the downward channel, and the long-term bullish structure remains intact.
🔹 Long Position Information:
🛑 Stop Loss: 102,470 (break below turn bearish)
🟢 Add Long: 105,499 (triggered)
🚀 Breakout Add Long: 111,385
🎯 Take Profit: 114,415, 120,301
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【Strategy Summary】
Operation Suggestions:
1. 1H consolidation leaning bullish, can enter in batches at 107,761 support, set strict stop loss, and add more after breakout at 111,385;
2. 4H leaning bearish, can try small short positions at 111,385, add more short after breaking below 102,470;
3. 12H bullish structure intact, if a short-term pullback occurs to 105,499, continue to layout long positions, set stop loss at 102,470;
4. Strict stop loss and execute in batches, patiently wait for direction confirmation, and follow the trend.