Technical analysis by wolf_king888 about Symbol BTC: Sell recommendation (6/1/2025)

wolf_king888

📊#BTC Downside risk has not been lifted⚠️🧠Unfortunately, it is $34 away from the second target of our short strategy of 103,000.But don't worry, the ideal target area of the short structure has not been achieved, and the downside risk has not been lifted, so we still need to look for short opportunities after the rebound.➡️From the current structure, the aggressive pressure level is around 106,000, and the overlapping resistance area is around 106,500-107,800.⚠️The weekend's rise is deceptive and belongs to the repair stage after the big drop. We may see a bigger drop next week!Let's see👀🤜If you like my analysis, please like💖 and share💬 BTCUSDT.P#BTC UpdateUnfortunately, it is about $200 away from our second entry point.The pullback has already occurred, cancel this trading strategy. If you have tried a short trade near 106500, then move the SL down to the recent high of 106458 to expect more in a low or no risk way.From a structural point of view, a long structure of the same period is built near the support line, so the probability of continuing the double top bearish structure is reduced. If we can break through the resistance near 106500 and stabilize, then we have a chance to fill the gap near 109200.Patiently wait for new trading signals to appear. ☕️