June 20 BTC Strategy Analysis

In the past two days, the BTC price has been hovering in a narrow range between 103500 and 106000, with trading volume remaining low. Especially on this special Friday, market sentiment is at a crossroads, and a directional decision may come at any moment.

From the perspective of liquidity distribution, there is a clear accumulation of funds above 105800 and below 103000. Based on the current trend assessment, it is highly likely that there will be liquidity concentration liquidation from both bulls and bears in the short term. In such a market, whether going long or short carries risks, making it more suitable to adopt a range-bound trading strategy.

Enter long in the 103500-104000 range, target 105800-106700

Enter long in the 2460-2490 range, target 2560-2600