Cryptocurrency Latest Trading Strategies (Updated June 4)

The current overall downtrend has not run its course yet. The Bitcoin weekly-level adjustment target clearly points to the $60,400 area. It is recommended that everyone place medium- to long-term long orders at $60,400 in advance, and patiently hold while waiting for a rebound.

Under extreme market conditions, Bitcoin may see a rapid needle-like drop to around $55,800. This will be an excellent opportunity for spot bottom-picking. The key price levels mentioned above are expected to be reached within the next two weeks.

Futures Strategy: Continue holding existing short positions. It is recommended to move the stop-loss up to the break-even level, while keeping the position to continue taking advantage of the downside for greater profit potential.

Spot Strategy: Starting now, accumulate in batches at lower prices, and strictly keep total position size within 10%. When Bitcoin drops to $55,800, you can deploy your Ethereum (ETH) position all at once. Since Ethereum has recently been falling too quickly, its precise bottom level cannot be accurately determined for the time being; for timing, synchronize and follow the Bitcoin rhythm. In addition, SOL is expected to test down to around $59, so be ready with limit orders in advance.

The above is the trading plan for the current stage. If anything changes later, I will notify everyone immediately.

Market Outlook: It is expected that by the end of June, market sentiment will gradually recover, and the market may see a turning point. The next two weeks will still mainly be characterized by a choppy downward trend, so you must stay cautious in your operations.

Personal Trading Approach: On the spot side, continue accumulating in batches at lower prices. On the futures side, adopt a dual-direction layout strategy to flexibly capture both long and short opportunities.

Important Risk Warning: In the recent period, the market is highly prone to extreme volatility caused by sudden news. Any trade must strictly set stop-losses. Absolutely do not hold through losses and get stuck in a position (i.e., trapped in a drawdown) without protection.

Order Placement Considerations: Current market volatility has increased significantly. A 650-point move in Bitcoin can potentially double contract positions or even trigger a liquidation. Therefore, your current order quantity must be reduced substantially compared with before. Do not continue using the old position management approach.