June 30

What can I say? Just hang in there a little longer.
 
Currently, I hope you hold back the bearish sentiment.
Btc
Daily level
It is believed that the current daily chart of Bitcoin still lacks upward movement.
The reasons are as follows.
1. The descending channel line we drew earlier has not reached the key resistance level in the current phase, and there is space for this upward accumulation action.
2. The golden cross on the Macd0 axis continues, and there has been a decrease in volume for the first time, but let me reiterate, this is a sustained golden cross on the 0 axis.
3. The KDJ indicator shows that the K value remains active above 80, 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 look for the continuation of strength or high-level fluctuations. Expecting a price drop too early does not align with reality. Of course, if the K value falls below 80, the expectation of weakness might make some sense, but not much.
4. There is a saying that rapid rises are accompanied by rapid falls, and vice versa, emphasizing probability, not a law. So what is accompanied by a slow rise? A slow rise is accompanied by a slow fall or a slow rise is accompanied by a rapid rise.
 
We have provided a big idea, and the market sees the area of 109000---110000, making the last short position entry operation. The last time mentioned here refers to the nodes, positions, and the possible change in market trends.
In summary, for Bitcoin on the daily chart, this is the most suitable entry point for a short position, whether in a swing or a trend.
If you are doing short trading, you should be even less focused on the daily chart to enter a short position.
 
Four-hour level
I recognize the pinnacle, but I endure the trading.
If you want to do it, it's very simple. You can refer to shorting at the four-hour peak. If it breaks the new high and the peak, don't set a stop loss. Add positions at 109000---110000. Hold this short.
Done.
 
The hourly level tells us
Price can drop, but a v-rebound may occur.
We can reference up to the 105700 line at most. There is no lower.
That is to say, I suggest everyone can take a small long position in the 106000 area. Set the stop loss at 105500 or, for safety, below 105000.
 
5-minute and 15-minute levels
Wait for the absolute bottom structure
If any, go long