Thursday Morning Analysis on 6.19:

Bitcoin rebounded after dropping to 103200 yesterday, giving the previously fluctuating market a slight breather. Although the price did increase a bit, this is merely a technical rebound after a significant drop. From a daily chart perspective, as long as the price cannot firmly establish itself above 106500, the downtrend is not over.

From the 4-hour chart, the current market shows a fluctuating consolidation pattern. After encountering resistance at 105500, the price entered a correction, and multiple tests of the 103100 support have quickly rebounded. The day shows a tug-of-war between bulls and bears, but overall, the bears are still dominant.

Trading Suggestions:

Main Coin: 105100-105400 range, target around 103500-104000 $BTC

Secondary Coin: 2530-2545 range, target around 2480 $ETH