Yang Guang bit | June 30 $BTC Precision Strategy, Trend Fully Grasped


Core Conclusion
BTC surged to 60770 overnight but faced resistance and fell back, losing the 60,000 integer mark again. The bearish trend on the larger timeframe continues unchanged. This rebound was entirely passively driven by short covering, lacking incremental capital and spot buying support. Longs are weak in counterattacking, and the 60,000 level has turned from support into strong resistance. Overall, it is in a consolidation phase within the downtrend, with further downside breakout risk. Today's operation should firmly focus on shorting on bounces.
Today's Strategy
Entry timing: when price rebounds to the 60k-60200 range
Add short positions: when price rises to the 60400-60600 range
Stop loss set above 60850

Tiered Take-Profit
Short first target: 59200-59000
Short second target: 58800-58500
Breakdown add positions: below 58000
Market Logic Breakdown
I. News: Bearish tone unchanged, longs lack catalyst
The continuous net outflow pattern of BTC spot ETFs has not reversed, institutional capital continues to exit. On the macro level, Fed hawkish expectations continue to suppress risk asset valuations. There is no reversal-level positive news in the market, and longs lack fundamental catalysts for upward movement, making the rebound unsustainable.
II. Capital: Incremental capital absent, rebound foundation weak
This rebound is entirely driven by passive short covering, with no large-scale bottom-fishing capital entering the spot market. The rebound foundation is very weak. The funding rate in the derivatives market remains weak, open interest has not rebounded significantly, and longs' willingness to chase highs is severely lacking. After consolidation, the downtrend will continue.$BTC ‌#美伊冲突再升级
BTC-3.57%
View Original
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned