【$btc】2025.6.10

Yesterday's analysis clearly stated that the pressure level is 106,000. If it breaks through and holds, we will continue to look bullish. It was also emphasized that only when the price stabilizes at 106,000 for a short period can we consider a significant adjustment ahead as the end. Not long after the content was published, the price directly broke through 106,000, and since then it has been uncontrollable, reaching the pressure of 110,000 again, but this does not count as strong pressure. Now it is starting to make small adjustments. So the question arises: after the adjustment, will it rise again? Is there a possibility that it will rise and then turn to drop directly? Here, it depends on the situation.

Now there is a key support level, approximately at 108,500. If this is effectively broken, the price will strongly turn weak, and it cannot be ruled out that the price will expand from a small adjustment to a significant one. Therefore, this is very important; it is the dividing line for the strength of the bulls. At this point, someone may ask, if the 108,500 level is effectively broken, does it mean the price can no longer rise? Not necessarily, there is still a 30% chance that the price may rise, but at that time, we will analyze the specific situation.

Looking at the short term, taking 30 minutes as an example, the pressure is at the 109,700 level. If this position cannot be surpassed today, the price can only continue to turn down, at least making an attempt towards 108,700 and below. But what if it effectively breaks through 109,700? Can it then challenge a new high? Not really, the next position is 110,000. Only by breaking through and holding at 110,000 can there be a possibility of hitting a new high.

In summary, if you want to reasonably go long today, you still need to pay attention to the levels; it cannot be absolutely mindless, and be sure to set a stop loss. If a small adjustment turns into a large adjustment, this retracement magnitude will also be enough for the bulls to drink a pot.