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Market Trend Analysis: $BTC (2026-6-12)
The four-hour timeframe is currently showing a oscillating upward pattern, with a key target level at 64,100. If it breaks through and stabilizes, do not consider shorting at this level for now, and even consider a short-term long position.
Looking at the daily trend, it is a rebound after the price broke a new low, returning to test the previous support turned resistance level, which is around 65,500. This is also the best shorting position on a larger scale.
Trading Strategy:
For short-term trading, enter long positions at market price, as a breakout is likely to test higher levels. If it stabilizes above 64,100, hold the long position.
For medium to long-term, consider opening a short position around 65,500 with a main position.