Current BTC Trading Strategy (updated in real-time): June 29
1. Short Order
• Entry: 107,650
• Stop-loss: 108,200
• Take-profit: 107,050
• ✅ Strategy: Shorting local tops after a strong recovery from the 106k area. Resistance 107,800–108,200 is a short-term distribution zone. If BTC does not decisively break above 108,200, the likelihood of a downward reversal is high.
• ⛔ Warning: If BTC breaks out above 108,200 with high volume, the Short scenario is invalidated.
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2. Long Order
• Entry: 106,580
• Stop-loss: 105,980
• Take-profit: 107,450
• ✅ Strategy: Buying the technical bottom around the strong support zone of 106,400–106,600 (where there have been multiple price reactions). If the price does not break below 106k, the likelihood of a short-term recovery is very high.
• ⛔ Warning: If BTC loses 106k, the market may enter a deeper correction to the 104,700–105,000 area. Absolutely do not hold Long if it breaks below 105,980.
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✅ Probability Assessment:
• Short Scenario: ~55% (prioritized as it is near strong resistance)
• Long Scenario: ~45% (only open if the price retests around 106.5k and there is a confirming candle signal)
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📌 Important Notes:
• If BTC breaks above 108,200 → Do not open Short, wait for a pullback.
• If BTC drops below 105,800 → Do not Long, wait for a return to the 104,700 area.
• Significant volatility may occur if there is sudden news or action from the FED, conflicts, or the US stock market.
Continuous real-time updates are needed as BTC is near a decisive trend direction zone.