Regret for the short order stop loss, capital united cautiously chasing the price! 6.10 BTC ETH strategy

BTC dropped to around 100,000 in 14 days, and it only took four bullish candles to rise from 100,000 to 110,000. Moreover, there have been no positive news in the market; the non-farm payroll data was only 9,000 more than expected, there were riots in California, the conflict with Elon Musk escalated, and the international situation worsened, all of which are negative news. However, the coin price rebounded against the trend, and it must be said that the current volatility is completely in the hands of capital.

From a technical perspective, the daily chart shows four consecutive bullish candles, and the price of the coin has rebounded near the upper band. The Bollinger Bands are slowly opening, the KDJ three-line golden cross is diverging upwards, and the MACD two-line is forming a golden cross at a low position. Volume is beginning to show, and the daily structure still looks bullish. However, there is no favorable support from news, so everyone should be cautious about chasing the price! The upper pressure levels to watch are 111000 and 112000, while the lower support levels to focus on are 106500, 105000, 104000, and 103000.

6.10 BTC operation strategy: Aggressive traders can enter short orders at the current price of 110,000-110,500, while conservative traders can enter at 111,000-111,500. Set a stop loss near 112,000, with targets looking at 109,000-108,000-107,000-106,500. If the price breaks down, watch for 105,500-105,000. Continue to adjust the stop loss based on the situation!
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