Analysis of Bitcoin Market on June 14th at Midnight.

Although there was a rebound in the evening market, the energy was clearly insufficient, and it is currently maintaining a high-level fluctuation with a bearish market sentiment. A downward channel has formed on the hourly chart, failing to break through the upper resistance level, and a continuation of the correction is likely. The hourly moving averages have formed a bearish arrangement, with bearish momentum continuing to strengthen, and the downward trend showing strong continuity and dominance. In midnight operations, we insist on a bearish outlook, and any pending orders must be well-defended.

Bitcoin; Sell near 105500-106000, target at 104500-103000, stop-loss at 106500.

Ethereum; Sell near 2550-2580, target at 2450, stop-loss at 2600.