$BTC ‌6.12 Evening Major Strategy

4-hour level oscillation correction, intraday high reached 639, low dipped to 623, overall trading within the Bollinger Band middle line with narrow fluctuations, current price at 633, slight intraday gain of 0.36%.
Initially surged to test the 639 resistance but failed to break through due to selling pressure above; then the price oscillated and fell back, after testing support at 623-625 range and stabilizing, it rebounded.
In the afternoon, it maintained narrow fluctuations around the Bollinger Band middle line with moderate volume, and the market is temporarily in a balanced state.

The previous low point at 600 formed short-term support, combined with a net capital inflow of $381 million, indicating that funds are still supporting at low levels, and market sentiment has not fully weakened;
The lower Bollinger Band continues to rise, also showing that support below is gradually lifting, and downward momentum has eased.
The upper Bollinger Band at 641 faces strong resistance, and the previous downward trend has not fully reversed, with overall insufficient incremental funds in the market, making it difficult to form strong upward momentum in the short term.

In summary, operate mainly with a range-bound strategy, focus on the breakout of the 623-640 range, avoid blindly chasing gains or cutting losses, try small positions, strictly control risks, and wait for a clear direction before following the trend.