BTC Technical Analysis Report | June 20, 2025

1. Technical Analysis
On the last trading day of the week, the daily level maintains a symmetrical triangle convergence pattern as expected, currently in the 5th wave consolidation structure (ABCDE wave form). At present, during the D phase, after the price effectively tested the trend support line on June 18, it rebounded without breaking the level, confirming the resilience of the key support level, and the pattern remains intact.

2. Long and Short Directions
▶ Maintain Bullish Trend Strategy
• Core logic: The lower support of the triangle is solid, and the convergence terminal has a complete accumulation structure.
• Momentum Confirmation: Need to break through the upper resistance to confirm direction choice
3. Target Price and Risk Control (unchanged)
Element Price Range Time Window
Bullish target 109,000-109,500 5 trading days
Stop Loss Area 102,500-103,500 Immediate Trigger
Risk-reward ratio 1:3.5+

4. Position Management Recommendations
• Use a probing position-building strategy, with the initial position accounting for 20% of the total position.
• Break through the upper trendline of the triangle, and you may consider adding to your position.
• Strictly adhere to the 2% account risk principle (stop loss space ≤ total funds 2%)
5. Key Observation Points
• Volume Change: A breakout must be accompanied by a volume increase to 120%+ of the monthly average.
• Triangle Convergence Duration: Remaining validity of the pattern is about 72 trading hours.

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