#Write2Earn #btc

Current Situation

• BTC Price: approximately $105,600, with a slight increase from levels of $104,000 recorded at the end of May.

• Key Resistance: $106,000–$106,500.

• MACD: signals potential bullish breakout.

🧭 Trading Strategy for Today

✅ Bullish Scenario (long-term):

• Entry: upon breaking and closing above $106,000.

• Target: $110,000–$112,000.

• Stop-loss: $100,000.

⚠️ Bearish Scenario (short-term):

• Entry: upon rejection at the $106,000 level and breaking below $104,000.

• Target: $100,000, with potential drop to $95,000.

• Stop-loss: $106,000.

🔍 Additional Factors to Monitor

• Trading Volume: increasing volume confirms the strength of the movement.

• Wallet Activity Level: over 1.2 million active addresses on June 2 indicate heightened investor interest.

• Financial News: institutional purchases of BTC, such as the acquisition of 705 BTC for $75 million, may impact the market.

• Short-term Traders: closely monitor the $106,000 level; breaking this level may signal further growth.

• Long-term Investors: consider gradual entry on pullbacks to $103,000–$104,000, given the overall bullish trend.