Bitcoin / TetherUS
Short

BITCOIN Short Position Update – June 9, 2025

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Bitcoin (BTC) Short Position Strategy

Position Basis: Expected decline after touching the upper diagonal trendline, with additional confirmation from the Deep Crab pattern

1st Target: 104,936
Analysis Summary:
Currently, BTC is likely to face selling pressure after touching the upper trendline of the ascending diagonal pattern. In addition, the formation of the Deep Crab pattern, one of the harmonic patterns, further strengthens the technical basis for a bearish reversal.

The targets are set based on key support zones, and a partial take-profit strategy may be effective depending on market conditions. Setting a stop-loss to prepare for pattern invalidation and sudden rebounds is an essential element of risk management.

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