I just want to ask, who else is not convinced! Clearly stated this morning, 63,000-63,300 is a blind gap, the market peak just hit 63,221, precisely sealing the entry ceiling, not a penny more to go up!


As soon as the words are spoken, it immediately plunges, dropping all the way to 60,912, with each take-profit target being broken one by one, even the breakdown target below 61,000 is fully hit, not a hint of hesitation, not even giving a decent rebound.
This market for shorting is just pure money-making by bending over, those stubbornly trying to bottom fish long positions, now probably all trapped and crying for help, right?
The trend has been tightly controlled throughout, brothers have already made a killing, it's that simple and straightforward! $BTC
BTC-2.95%
View Original
YangGuangbit
Yang Guang bit | June 24 $BTC Precise Strategy Full Trend Control
Core Conclusion
BTC dipped to a low of 61883 yesterday and then experienced an oversold correction rebound, short-term profit-taking by bears led to a slight price recovery, but the major downward trend has not reversed. The area of 63000-63500 above is a dense zone of trapped selling pressure, and the current rebound volume continues to shrink, entirely driven by short covering, lacking incremental funds to support, raising doubts about sustainability. Macro liquidity suppression remains, and no new positive catalysts have emerged in the market; this rebound is purely a technical correction. Today's operations mainly focus on shorting at the rebound high, with light positions at low levels to chase short-term longs, and to seize the certainty of pullback profits in line with the trend.
Today’s Strategy
Entry Timing: Price rebounds to the 63000-63300 range
Adding to short positions: When surging to the 63600-63900 range

Stop-loss setting: Above 64200
Tiered Take Profit
First target for shorts: 62300-62000
Second target for shorts: 61500-61000
Breakout adding positions: Below 61000
Market Logic Breakdown
1. News Aspect: Macro suppression continues, positive catalysts are fully exhausted
The Fed’s hawkish expectations continue to ferment, the timing of rate cuts within the year has been pushed back again, the US dollar index remains volatile at high levels, and macro liquidity tightening continues to suppress global risk asset valuations. Previously supporting the rebound, the US-Iran geopolitical easing benefits have been fully priced in by the market, with no new large-scale positive catalysts, and market sentiment has returned to caution. The rebound lacks fundamental support.
2. Capital Aspect: Lack of incremental funds, weak foundation for rebound
US spot BTC ETF inflows remain weak, institutions have not entered the market to buy the dip, and this rebound is entirely driven by passive short covering, with no new buying support, making the upward foundation very fragile. Derivatives market funding rates have slightly increased but remain low, open interest growth is limited, and bullish chasing is seriously insufficient. The rebound height is limited, and trapped and profit-taking selling pressure could be released again at any time. $BTC ‌#以太坊基金会重组降本
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Father'sFatigue
· 12h ago
The whole network's signal providers are posting to brag.
View OriginalReply0
  • Pinned