Bitcoin Daily Strategy and Operations (2025.5.20)

Technical Formations:

◦ Ascending Channel Continuation: The daily chart maintains an upward trend, but caution is needed regarding supply cluster pressure of approximately 31,000 BTC around $106,600.

◦ Fractal Analysis: The current oscillation range (103,500-106,600) is similar to historical movements; a breakout above $107,000 may trigger new highs.

Indicator Signals:

◦ RSI (68): Approaching the overbought area but still has upward space; attention is required for potential bearish divergence on the daily chart.

◦ MACD and KDJ: The MACD histogram shows weakening bullish momentum, and KDJ does not have a clear golden cross/death cross signal; the short-term market is in a state of oscillation.

Short Position Strategy

• Entry: 107800-108299

• Targets: First target 106500, Second target 104600

• Stop Loss: Above 108500

Short-term Long Position Strategy

• Entry: 103500-103000

• Targets: First target 106800, Second target 109900

• Stop Loss: Below 102000

Risk Alerts and Precautions

· Position Management: Recent volatility has increased; it is recommended that a single trade position does not exceed 5% of total funds, reserving 30% cash to respond to extreme market conditions.

· Stop Loss Discipline: Strictly set stop losses to avoid holding losing positions.

· Take Profit Strategy: Gradually take profits at pressure/support levels, reducing positions by 50%, with the remainder aimed at breakthrough.

Risk Warning: This article is for market analysis only and does not constitute investment advice. Cryptocurrency is highly volatile; please make rational decisions. $BTC #btc