Daily Market Analysis of Cryptocurrency (06.26)

Summary:

1. In the last analysis, a short-term long position strategy was clearly outlined, and a large portion of the previous medium-term short position profit has been realized. Any additional decline can only be understood as a hard drop.

2. As the Bitcoin price approaches 108000, stop saying that you won't write analysis if the price rises.

3. The gap up in the Nasdaq over the past two days can be reasonably interpreted as a central pivot leaving.

4. The bearish fundamentals of the US stock market (capital outflow, pension fund sell-offs, and listed companies slowing down buybacks)

5. US Treasury yields have started to steepen again.

6. Reports from Morgan Stanley and DBS Bank.

7. It’s time for the A-shares to exit.

8. The current 4-hour level rebound starting from 98100 has nothing to do with Trump.

9. Watch whether the rebound breaks 108900, as this will affect the bottom fishing points.

10. Regardless, lay out the last short position at 109100, as the daily line has not completed its downward move.

11. Buy blindly below 94000; it's all good positions.

On Operations:

1. Short-term:

From this moment, gradually open short positions, completing the last increase at $BTC 109100. $ETH /$SOL may have a catching-up possibility, just synchronize directly and control the position well to avoid explosion.

2. Medium-term:

Hold the short position; Bitcoin will at least reach the daily MA250 line, and over time, this position will probably rise to around 93000. For pure spot traders, buying a little every day below 94000 is fine. However, for crypto-based contracts, the points must be a bit stricter.

Spot for SOL can start dollar-cost averaging. If pursuing extreme cost-effectiveness, wait for Bitcoin to drop below 98000 before starting dollar-cost averaging, but the difference isn’t significant in the long run.

3. Medium to long-term:

Buy spot at the daily MA250 and allocate 1% position to 100x crypto-based long positions, allocate another 1% position to 100x crypto-based long positions at EMA250, and allocate another 1% position to 100x crypto-based long positions at MA350.

Do not set take-profit initially for long positions; manually stop-loss if the weekly closing candle breaks the weekly MA/EMA60.

For SOL's crypto-based long positions, fill in at 111 (6% position, 20x leverage).

Spot allocation: Bitcoin 60%, SOL 20%, Altcoins 20%.

Altcoin targets: JTO, SUI, SEI, MKR, AAVE, TAO, XLM, VIRTUAL, KAIA, LQTY, RAY.