June 30 Li Jingyue's Bitcoin Analysis



Yesterday accurately provided the strategy of shorting at the 60500-60800 range, and the market declined as expected, realizing nearly 1700 points of downward space. Short profits were perfectly secured, the rhythm of the market was clear, and the market fluctuations were within the prediction.

The market maintains a wide-range consolidation at high levels, with strong bullish and bearish tug-of-war. From a technical perspective, the previous surge followed by continuous bearish candles formed a阶段性 resistance top, moving averages turned downward with clear overhead selling pressure, and every bullish rebound is a fakeout recovery. Coupled with the weekend U.S.-Iran geopolitical risk stirring capital risk aversion, and this week being a heavy data week, bulls lack sustained upward momentum.

Today, we continue to adhere to the short-at-highs strategy. Short positions can be deployed in batches in the resistance zone of 60300-60600, with the first target at 59500, and if broken, look lower to 58100#Solana生态ANSEM暴涨 #BTC $BTC
BTC-0.56%
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