6/1 BTC Intraday Trading Strategy

Buy in batches within the 71800-72400 range

Profit-taking target: 74200-75400

Currently, BTC is still trading within the 72400-74200 consolidation zone. Although the market isn’t very volatile, it’s completely possible to gain 1000-2000 points by riding the swings back and forth.

Many traders can’t make money in this kind of sideways market, but it’s not because the market doesn’t give opportunities; it’s because their execution is flawed.

When the price rises a bit, they think it can go higher; at high levels, they’re afraid to short; when it dips slightly, they fear a crash; at low levels, they’re hesitant to buy more.

The result is chasing the highs and selling the lows, getting caught in a cycle of regret, and making trades more and more chaotic.

The biggest risk in trading isn’t misreading the direction, but lacking a solid trading logic. The main players love to harvest emotional trading chips like this.

At this stage, stick to the old approach: approach support levels with bold long positions, and near resistance levels, take partial profits with short positions.

Don’t always try to catch the exact bottom or top; securing profits within your own range is more important than anything else.