Bitcoin price action analysis for 2026.6.21! #BTC
I've done a recap of my trades over the past couple of days, and I feel like I'm falling back into the rabbit hole of short-term contracts. That's a pretty dangerous signal. I’m not sure when it started; maybe it was when I was hedging my spot positions, or perhaps I was just trying to catch every wave of the market.
Next time I buy spot, I won't stake it for dual-coin investment. Otherwise, if I want to reduce my position, I’ll have to short to hedge. But even though contract positions and spot positions are pretty similar, it just feels off in my mind; I can't pinpoint what's wrong.
I need to re-evaluate myself: stick to trading spot only on 4-hour candlestick patterns and above, and avoid acting on short-term fluctuations on the 1-hour candles. For contracts, only trade when the larger direction is confirmed, looking for entry points on smaller timeframes to set up long-term holds or at least trading on 1-hour swings. I absolutely cannot turn this into short-term trading again; otherwise, I’ll find myself back in the old habits. Contracts can really be a devil—they sneak you back into small fluctuations and have you flipping back and forth.
Spot: For the current trend, I’m watching the end of the upward segment on the 4-hour level. From a structural standpoint, there are only 3 waves, and the structure isn’t complete yet—it hasn't finished playing out, so I’ll continue to hold my spot position!
Contracts: Currently oscillating around the midpoint on the 1-hour chart. It’s moving towards the upper segment and has reached above the midpoint. I can look for a short entry upon a reversal completion on the 1-hour candles, but I must set a stop loss.
Current position status: 100,000 USDT in spot (25% of my portfolio), no contract positions.
I’ll patiently wait for the market to unfold. Fast is slow, and slow is fast; trust in the power of cycles! If my analysis helps you stay calm in the face of market movements, then please follow me, and let’s get rich together! $BTC #比特币ETF周流出降87%
I've done a recap of my trades over the past couple of days, and I feel like I'm falling back into the rabbit hole of short-term contracts. That's a pretty dangerous signal. I’m not sure when it started; maybe it was when I was hedging my spot positions, or perhaps I was just trying to catch every wave of the market.
Next time I buy spot, I won't stake it for dual-coin investment. Otherwise, if I want to reduce my position, I’ll have to short to hedge. But even though contract positions and spot positions are pretty similar, it just feels off in my mind; I can't pinpoint what's wrong.
I need to re-evaluate myself: stick to trading spot only on 4-hour candlestick patterns and above, and avoid acting on short-term fluctuations on the 1-hour candles. For contracts, only trade when the larger direction is confirmed, looking for entry points on smaller timeframes to set up long-term holds or at least trading on 1-hour swings. I absolutely cannot turn this into short-term trading again; otherwise, I’ll find myself back in the old habits. Contracts can really be a devil—they sneak you back into small fluctuations and have you flipping back and forth.
Spot: For the current trend, I’m watching the end of the upward segment on the 4-hour level. From a structural standpoint, there are only 3 waves, and the structure isn’t complete yet—it hasn't finished playing out, so I’ll continue to hold my spot position!
Contracts: Currently oscillating around the midpoint on the 1-hour chart. It’s moving towards the upper segment and has reached above the midpoint. I can look for a short entry upon a reversal completion on the 1-hour candles, but I must set a stop loss.
Current position status: 100,000 USDT in spot (25% of my portfolio), no contract positions.
I’ll patiently wait for the market to unfold. Fast is slow, and slow is fast; trust in the power of cycles! If my analysis helps you stay calm in the face of market movements, then please follow me, and let’s get rich together! $BTC #比特币ETF周流出降87%