6.23 Zhang Lihui: Is Bitcoin's short-term 4H double bottom dead cross breaking key support a big bearish move? How should BTC be positioned today! #我的Gate交易时刻

Zhang Lihui Beijing time June 23, 2026, 6:08 AM Edited: Today's Bitcoin (BTC) market analysis and trading suggestions:

In the 1-hour Bitcoin chart, the double top pattern of candlesticks appears again, with the current price falling below the midline, the Bollinger Bands breaking out of the convergence and expanding, KDJ and RSI approaching oversold zones; MACD below the zero line shows increasing volume, with the fast and slow lines continuing to form a dead cross; Lihui believes there is further downside space for the short-term price;

In the 4-hour chart, the Bollinger Bands maintain a parallel trend, with short-term support at the MA120 and 63,100 zone. A break below would indicate further bearishness. MACD above the zero line shows decreasing volume, with the fast and slow lines continuing to converge again; caution is needed as a dead cross forms for long positions. RSI and KDJ remain high and are crossing downward, so in the short term, focus on the upper band resistance and consider opening short positions; if the lower band is not broken, low buy-in can be considered;

Today’s Bitcoin trading suggestion for a high short entry point: Light short above 64,900; stop loss above 65,600; target 64,000-63,200; if it breaks below 63,000, hold further!

Today’s Bitcoin long entry point: Try long below 63,200, stop loss below 62,500; target 64,000-64,900-65,500; if it breaks above 65,700, continue to hold until around 66,500; specific entry opportunities for longs can be followed in real-time updates from Lihui!

There may be delays in article review and push notifications; market conditions change rapidly, so specific entry points should be combined with actual trading operations and based on real-time notifications. The suggested levels in this article are for reference only. Do not operate with full position. Use stop-loss and take-profit orders, and take profits when the market is favorable!