Morning Thoughts on June 20

From the current market perspective, the four-hour level price comparison has not broken through the key oscillation range. The candlestick bodies have significant upper shadows, indicating that short-term selling pressure continues to exist. The middle line of the Bollinger Bands continues to move downwards, confirming that the overall trend is still dominated by the bears. The daily level bullish-bearish dividing line is at 103750; if confirmed to break below, the target can continue to look downwards.

Trading Recommendations:

Short on Bitcoin near 105500, target 103500

Short on Ether near 2550, target 2450#BTC