Thursday Afternoon Analysis on June 19:

Currently, from the market trend, the price of the cryptocurrency has been maintaining a sideways fluctuation for the past two days, with the daily chart showing a recent overall high-level consolidation state. The hourly chart has formed a short-term candlestick pattern with a longer lower shadow, indicating that there is some buying support at lower levels, but there is still pressure above. The hourly RSI is around 53, close to the neutral zone, not entering overbought or oversold territory; the daily RSI remains above 50, indicating a slightly bullish market sentiment but not strong.

In the short term, the market sentiment is cautious and lacks the momentum for trend continuation. For intraday operations, it is advisable to develop cautiously. The overall trend remains bullish in the long term, while in the short term, one can occasionally seize small pullback opportunities.

Bitcoin trading suggestions: $BTC

103600-104300 long, target 105200-106000;

106000-105300 short, target 104300-103400;

Ethereum trading suggestions: $ETH

2450-2480 long, target 2530-2560;

2560-2530 short, target 2490-2460;