June 30

What can I say? Just hold on a bit longer

Currently, I hope you can withstand the bearish sentiment

Btc

Daily level

I believe the current Bitcoin daily chart still lacks upward movement.

Reasons are as follows:

1. The downtrend channel we drew earlier, at this stage, the current upward momentum has not reached key resistance levels, leaving space.

2. The golden cross on the MACD zero line continues; currently, we see the first sign of volume contraction, but let me repeat, this is the golden cross on the zero line continuing.

3. The KDJ, with the K value still active above 80, is in a very strong zone. Everything has a beginning and an end; I only know that when the K value is above 80, we should expect the continuation of strength or high-level oscillation behavior. Expecting a price drop too early does not match the facts. Of course, if the K value drops below 80, expecting weakness might make some sense, but not much.

4. There is a saying that a rapid rise is accompanied by a rapid fall, and vice versa; it emphasizes probability, not a law. So what accompanies a slow rise? A slow rise is accompanied by a slow fall or a slow rise accompanied by a rapid rise.

We have provided a big idea: Bitcoin sees the 109000---110000 area for the last short position entry. This last mention refers to the node, position, and possible market change.

In summary, for the Bitcoin daily chart, this is neither a wave nor a trend; it is the most suitable entry point for shorts.

If you are trading short-term, you should not look to enter shorts at the daily level.

Four-hour level

I acknowledge the peak, but I endure the trade.

If you want to trade, it's very simple; you can refer to the four-hour peak to short. If new highs break the peak, do not stop loss; add positions at 109000---110000. Hold this short.

Done.

Hourly level tells us

The price can drop, but a V-reversal may occur.

We can reference up to 105700 at the highest. No lower.

This means that in the 106000 area, I suggest everyone can take a small long position. Stop loss at 105500 or, to be safe, below 105000 is fine.

5-minute and 15-minute levels

Wait for the absolute bottom structure

If there is one, go long.