Market analysis on June 20
1. The market is dull and the mood is low. The violent intervention of a major power in the Middle East conflict, tracking the subsequent negotiations or escalation, detonating market sentiment from the news! !
2. #BTC Triangle convergence and narrow range oscillation, the upper 105000-105500 constitutes suppression, the lower edge 103500-103000, patiently waiting for the break to accelerate. It is worth mentioning that the market is mostly in a wait-and-see state. Once the position that can go up or down is broken, a large amount of funds will follow, so no matter long or short, bring a good stop loss.
3. #ETH Linked narrow range oscillation trend, but the 24-hour fluctuation of 60 points is also easy to knock out the short-term, and it is difficult to find an entry opportunity in the white market. It is recommended to watch more and do less. The high-multiple short-order liquidity above is accumulated at 2560, and the long liquidity below is at 2450. When the U.S. stock market opens in the evening, the pre-market trend is expected to touch the high point again for testing, and pay attention to the 6050 line of resistance.