Wednesday, June 18

Yesterday, the conflict in the Middle East reignited, and BTC experienced a downward trend, breaking below the support level of 106500. After-hours airstrikes on U.S. stocks caused a sharp drop, breaking through the strong support at 104000, concluding the day perfectly! Currently, the bottom has stopped falling. If peace talks succeed, the market may recover, with the left side being a strong rebound point for the range, marking a stop in the decline or a long-term opportunity.

On the four-hour level, after the bulls broke through the lower Bollinger Band with increased volume, it closed with a pin bar, and the lower band extended, with the bulls gathering strength. As long as it does not fall below the strong support of 102300, it will rebound, continuing to recover the bullish situation within the range. In the short term, it is advised to buy low.

Bitcoin targets 103300 - 103600 upwards, with a goal near 104800 - 106500.

Ethereum targets 2450 - 2470 upwards, with a goal of 2550 - 2580.