Technical analysis by Ashbur about Symbol BTC: Buy recommendation (6/11/2025)

Bitcoin underwent high-level consolidation on June 11, with intraday volatility ranging from $108,800 to $110,200. It failed to effectively break through the previous high of $111,980. The 24-hour global liquidations amounted to $210 million (half of the previous day), with short positions accounting for 62%, indicating that bears still dominate short-term sentiment.The Sino-US high-level talks in London originally scheduled for June 11 have been postponed to June 15, and the details of tariff reductions remain unclear, leading to a decline in risk asset appetite. The US Dollar Index rebounded by 0.8%, suppressing Bitcoin's breakthrough momentum. Bitcoin is currently in a accumulation phase for breaking through all-time highs, with policy regularization and institutional increasing holdings forming long-term support.Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.Trading Strategy:buy@108000-108500TP:110500-111000