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6.11 Bitcoin Evening Trading Strategy Analysis
Currently, Bitcoin's price has rebounded near the upper band of the Bollinger Bands, and the short-term upward potential is heavily suppressed. Several previous attempts to reach the upper band were met with declines, and this time it’s unlikely to move higher either. Moreover, the peak of this rebound is getting lower and the buying momentum is weakening, making a reversal downward highly probable.
The specific trading plan for tonight is to wait until the rebound reaches around 630-632, and once a sign of stagnation appears, start to gradually buy in. Set the stop-loss above 63,500 to prevent a sudden surge. The target is down to 620; if broken, then look towards the support level at 610. #贝莱德比特币收益增强ETF将上市 $BTC $ETH