Bitcoin June 20 Market Analysis
🔍 Market Analysis (4-hour Level):
Bitcoin's price is still operating within a key oscillation range, without forming an effective breakthrough. The current candlestick has repeatedly shown obvious upper shadow bullish candlestick bodies, indicating that selling pressure from above remains strong, making it difficult for bullish momentum to continue.
Technical Observations:
Bollinger Bands' middle line continues to press down, with the candlestick movement constrained below the middle line, clearly dominated by a bearish trend;
MACD is weakly recovering below the zero line, with insufficient rebound strength;
Short-term fluctuation range remains narrow, with the market in a phase of observation and direction selection.
🔍 Daily Level Supplement:
The reference point for the bullish-bearish dividing line is at $103,750. If the price breaks down and effectively declines, it can further look down to the previous low area or psychological support level.
📉 Trading Plan Suggestions:
Maintain the operational mindset of "shorting high and buying low," primarily following the trend;
Near the $105,000 upper pressure zone, attempt to take light short positions, and add to the position after confirming a stagnation pattern;
If a downward confirmation breaks below $103,750, the target for short positions can be appropriately expanded;
If the price returns above the middle line and stabilizes, short-term participation in the rebound is possible, but profit-taking and stop-loss must be strictly controlled.
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**[The above analysis and strategies are for reference only. Risks are to be borne by the reader. The article's review and publication may have delays, and the strategies may lack timeliness. Specific operations should follow Crypto Master's real-time strategies.]
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