Technical analysis by AndyHopkins about Symbol BTC: Buy recommendation (6/6/2025)

- Bitcoin Long-Term Outlook and Trading StrategyAlthough Bitcoin is currently at a relatively low level with high volatility, its long-term trend is still supported by positive factors such as institutional capital deployment and the halving effect. The long strategy is based on three core conditions: the price gaining effective support at strong support levels, market sentiment shifting from pessimism to optimism, and fund flows indicating bullish dominance. It is judged that the price is highly likely to initiate an upward trend, thus seizing the entry opportunity to obtain profits.II. Detailed Explanation of Key Links1. Timing Judgment for Long Positions- Technical Support Level StabilizationThe $98,000-$100,000 range is a critical area for previous price breakouts and has strong support. When the price corrects to this range, if the 4-hour or daily K-line chart shows a long lower shadow, it indicates active buying support below; a bullish engulfing pattern directly signals that bullish momentum has overcome bearish forces. For example, when the price is near $98,000, if a small with a long lower shadow is followed by a large that completely engulfs the 's body, and trading volume increases compared to previous days, it can be preliminarily concluded that bearish momentum is weakening and bulls are starting to gain strength—this can be used as a long signal.- Market Sentiment ReversalThe Cryptocurrency Fear & Greed Index is a key indicator for measuring market sentiment. When in the "fear" zone, if social media discussions about Bitcoin heat up, bullish comments increase on forums, and the Fear & Greed Index rebounds toward the "neutral" zone (around 50), it signals growing investor confidence. Meanwhile, when retail bottom-fishing capital continues to increase and exceeds the amount of capital exiting the market, it further indicates improved market sentiment and a suitable entry point for long positions.- Changes in Fund Flows- Institutional Positions: Although some institutions have reduced holdings recently, the overall scale exceeds $788 billion. Once giants like BlackRock and Goldman Sachs are monitored to increase their position ratios it will inject strong momentum into price increases.- Retail Fund Flows: When the net purchase volume of Bitcoin on trading platforms remains positive and increases for multiple consecutive days, it indicates that bullish forces dominate the market, significantly increasing the probability of a successful long position.Today's BTC trading strategy, I hope it will be helpful to youBTCUSDT BUY@100000~110000SL:98000TP:103000~104000