Sunday, June 15: Latest Bitcoin Market Analysis

The Saturday trading was relatively slow, but fortunately, the market has been running as expected. Bitcoin peaked at around 106,173 in the morning before entering a downward adjustment, currently stopping at a minimum of around 104,290. Ethereum also peaked at around 2,582 in the morning and similarly adjusted downward throughout the day, currently falling to a minimum low of around 2,486.

From a four-hour perspective, there is still a certain distance from the upper range high, but currently, the one-hour level has reached near the upper band, which is also a structure under short-term pressure. At present, the overall oscillation range has slightly moved down, continuing to set up short positions at high levels in the morning.

Bitcoin short at 105,800, focus on 104,000

Ethereum short at 2,535, focus on 2,480