Yesterday, the white盘 market fluctuated relatively small, and the morning strategy was confirmed only in the evening. Yesterday, multiple short opportunities were accurately captured around the currency price fluctuations. During the repeated fluctuations in the market, we continued to adhere to the short strategy until the monetary policy meeting results were announced in the early morning, with prices dropping to around 103500, which was basically in line with expectations. The actual fluctuation range was slightly more conservative than the previous forecast, only due to the meeting results aligning with the market consensus of 'maintaining interest rates and not lowering them temporarily'.

June 18 Morning Analysis:

The strategy provided last night resulted in a defense exit, signaling that on the road to success, there will certainly be failures; we must view and treat failures correctly, and if we are not afraid of failures, we will surely succeed; if we fear failures, we will achieve nothing and fail even more.

In the early morning, the market trend met expectations, with Bitcoin's price showing a dip followed by a rise, quickly rebounding after dropping to a low of $103,338, reaching a high of $105,282, and then slightly retracing to hover around $104,600. Ethereum fluctuated in sync, rebounding from a low of $2,543 to $2,542 before encountering resistance and retreating, currently oscillating in the $2,520 range.

From a technical perspective, on the 1-hour timeframe, both Bitcoin and Ethereum prices have broken below the Bollinger Band's middle line, continuing to oscillate in the mid-lower band area, with bears dominating the market, and bulls showing weak rebound strength. On the 4-hour timeframe, although there are occasional single bullish candles, both sides are stuck in a standoff, with prices closely adhering to the lower Bollinger Band, indicating a clear bearish advantage and making it difficult for the market to form an effective breakout in the short term.

Technical indicators further corroborate the market's weak pattern: the short-term moving averages MA7 and MA25 for Bitcoin and Ethereum are entwined, with prices repeatedly oscillating near these moving averages, while the MA99 long-term moving average consistently poses strong resistance, suggesting a bearish mid-term trend. The MACD indicator shows that although Bitcoin formed a golden cross, the volume release is insufficient; Ethereum's MACD golden cross has seen a continuous expansion of the red bars, indicating relatively strong short-term rebound momentum, but it is still crucial to monitor whether it can break through the key resistance level of MA99 to confirm a trend reversal.

Bitcoin: Short near $105,500 - $106,000, looking down to $102,700 - $103,000
Ethereum: Short near $2,540 - $2,560, looking down to $2,460 - $2,480