Analyst Liang Qiu: 6.18 Bitcoin/Ethereum Market Analysis in the Early Morning

Bitcoin/Ethereum experienced another wave of decline in the evening, but fortunately, we adapted our strategy in time during the downturn. As of now, Bitcoin dropped to a low of 104,000 and Ethereum to 2,480 in the evening, followed by fluctuations. In the early morning, we need to focus on the break of 103,000 and 2,450; if these levels hold, we will continue to see oscillation and rebound. The hourly and four-hour charts have stabilized somewhat, but the daily MA indicators have broken; levels around 106,500 and 2,600 will become short-term resistance. A shift in trend requires timely and flexible responses.

In terms of K-line patterns, the daily level shows that recent prices are generally in a downward oscillation trend, with lows continuously dropping, forming two consecutive bearish candles. In the four-hour cycle, there has been significant volatility in recent days, showing a wide oscillating trend and forming long upper shadows, indicating strong selling pressure. In technical indicators, the MACD histogram in the four-hour cycle remains negative, and the DIF is below the DEA, indicating a dominant bearish force; however, the green bars are shortening in the short term, which may indicate signs of a rebound.

Early morning trading suggestions for BTC: around 103,500 to 104,000, with a target near 106,000; ETH: around 2,460 to 2,480, with a target near 2,550, stop loss at 102,800 and 2,430.

[The above analysis and strategies are for reference only, please bear the risk yourself; the article's review and publication may lack timeliness, and specifics should be based on real-time conditions] #美联储FOMC会议