Analyst Liang Qiu: 6.20 Bitcoin/Ethereum entered the market

Bitcoin/Ethereum followed the strategy of first rising and then falling yesterday, with the price dropping from 2540 to around 2480. Subsequently, at around 2485 in the early morning, the target of 2540 was basically reached. Currently, the price has reached a high, and the four-hour contraction indicates that the continuation of bullish and bearish positions will not be very strong. The four-hour and daily MA moving averages are still under pressure at 2580 and 106500, respectively.

The Bitcoin daily candlestick pattern shows continuous fluctuations recently, with a long lower shadow indicating strong support below. The four-hour level has formed a slight rebound, but there is obvious pressure in the 106500 and 2580 areas, which have been tested multiple times without breaking through. In terms of technical indicators, the four-hour level DIF and DEA are still below the zero axis. Although there are signs of a golden cross, the strength is insufficient, leading to a short-term bearish consolidation.

Trading Suggestions BTC: enter around 105800 to 106300, target around 104000; ETH: enter around 2550 to 2570, target around 2490.

[The above analysis and strategies are for reference only. Please assume your own risks. The publication of this article does not guarantee timeliness; please refer to real-time data for specifics.]