6.19 Market Analysis｜Six Out of Chaos

Are you confused about the market again? Let's return to the charts to take a look at the situation:

The overall movement of Bitcoin is still showing a strong consolidation, currently oscillating in the range of 104500 to 105300. The key support level below is between 103500 and 104000. As long as this area is not effectively broken down, there will still be opportunities to push towards around 106000. The 4-hour chart shows the moving averages entangled, with decent trading volume, and the market's long and short positions are quite evident, indicating that there are still funds looking to buy on dips. In terms of operation, we should focus on buying dips, avoid chasing highs, and manage positions well. If it falls below 104000, we need to pay attention to short-term risks, as it may test around 102500.

ETH has been showing a clear correlation with BTC recently, currently oscillating between 2500 and 2540. The hourly chart's moving averages are starting to flatten out, and short-term sentiment has somewhat recovered. The range of 2520 to 2550 is a short-term resistance level, and only a breakout with volume can hope to test 2580 to 2600. The key support below is between 2450 and 2470; if it falls below that, the overall momentum will likely weaken. Currently, it is still recommended to focus on buying dips in ETH, as there is not much room for chasing highs. Pay attention to the rhythm and avoid being shaken out by oscillations. #鲍威尔发言 $BTC $ETH