Let’s briefly discuss the current trend of $BTC ,
1. After failing to reach a new high on June 10 and pulling back for 5 days, looking at technical indicators like OBV and MACD to assess the direction of funds, this recent surge lacks follow-through strength. Therefore, the next peak will not exceed 110000, leading to the conclusion that the main force has no intention of continuing to push up, and the high point oscillation for unloading is more in line with the main force's intentions.
2. From the perspective of sentiment indicators, panic is rapidly dissipating. The main force intends to maintain this price.
3. The current K-line shows a reversal signal; exceeding 106200 will confirm another push-up for unloading. The peak price of the upward move is likely to be lower than 110000. Of course, if the main force easily pushes it above 110000, they would be pleased to sell at a better price; it just depends on how many people come to support it.
In the long term, this does not align with a low-position buying opportunity.
In the short term, there is indeed some space.
Operation suggestion: short at 108500 for the long term; give up shorting for the short term, cautiously consider going long. #MichaelSaylor暗示增持BTC