100,000 as the lower boundary for the bull market distribution, short at 106,000 and buy at 100,000

$BTC Trading Plan | June 13

1. The first short position is at the EMA120 on the 15-minute level, which coincides with the MA30 on the 1-hour level. Currently, the EMA moving averages on the 15-minute level are in a bearish arrangement, and for the purpose of correcting the moving average divergence, a bounce at the 5-minute level is expected. If there is no sign of a counterattack, a short operation will be conducted at 105,500-106,000. If the bounce does not reach this position, then buy at lower levels, as the odds of chasing shorts are not high.

2. Buy near 100,000. In the current context of a bull market distribution, the main force's selling will not break below their established support line, but there may be a false breakout. This has often occurred in historical distributions; panic selling happens quickly after you sell your chips, so if you want to capture a new trend high at this position, you need to plan your position size.

3. Initially, I believed this support would undergo a large-scale distribution around 94,000, but the main force has clearly set the distribution support line at 100,000. I do not have the final say, the main force does. Therefore, once this position rebounds, it will initiate a new trend upward, and there are reasons to break new highs, making this a worthwhile opportunity. Moreover, around 100,000 is the EMA60 on the daily level.

4. This trend upward may develop after two small-level bottoms. I will observe this situation.

5. The loss limit for the short position is 2,000 points, targeting 100,000, with odds of 1/3. Before executing this order, consider how much loss you can accept before placing the order, using the loss position to determine the attack form.

6. The next update of the trading plan will be on Monday, so this weekend I will update the progress of the bull market distribution. Additionally, this time the daily level selling may lead to weekly level selling; I will analyze this in detail later.

7. There is no investment product that is an eternal bull market.

Thank you.