June 20th BTC Strategy Analysis

From the observation of the 4-hour candlestick pattern, the Bitcoin price quickly rebounded after touching the lower Bollinger Band support, with two consecutive solid bearish candlesticks successfully recovering the key position of the middle Bollinger Band. In the short term, the market structure has shifted from a one-sided upward trend to a slightly strong oscillation pattern, with the market showing characteristics of repeated tug-of-war. However, as a normal pullback in an upward trend, the price has not effectively broken below the key support level. Given that market activity usually decreases over the weekend, it is expected that the intraday market may maintain a range-bound oscillation with relatively limited volatility.

Operational Suggestion: Bitcoin around 103000 can be watched for the 105000 range.