6.18 Bitcoin Price Trend Analysis

First, let's review yesterday's performance. The short position at 108900 was exited at 103600, gaining 5300 points, while the short-term long position entered at 103500 was exited at 105400.

The daily candlestick chart showed a high of 108900 and a low of 103300. Pay attention to the support level below at 101900. The MACD is decreasing in volume and accumulating positions, with bears gaining strength. The DIF and DEA are pressing down towards the 0 axis from a high position.

On the four-hour level, the EMA trend indicator has shifted from bullish to bearish and is beginning to alternate downwards. The MACD is decreasing in volume and accumulating positions, and the DIF and DEA have formed a death cross indicating a downward trend. Therefore, the bearish momentum is strong in the short term, and intra-day operations are still recommended to focus on short positions at high levels!

Trading Suggestion:

Short positions in the range of 105500-106500, targeting 104000-103000, with a breakdown target of 102500.