6.20 Friday Evening Market Analysis:
Bitcoin continued to oscillate and fell to around 104100 in the morning, then surged to around 106400 during the afternoon and is currently oscillating near 105800.
Ethereum fell to around 2503 after reaching 2530 in the morning, then surged to around 2570 in the afternoon, followed by a drop to around 2545 and is currently oscillating.
In the afternoon, influenced by on-chain capital inflow, Bitcoin surged to around 106500 but faced resistance. From the current daily candlestick perspective, Bitcoin's volatility has decreased and is facing pressure near the middle track, with attention on 106500 and 109700 above. The lower support level is around 102000. From the four-hour structure, Bitcoin is facing pressure near the upper track, with attention on 104800 and 103800 below. From the one-hour structure, Bitcoin has broken above the upper track, with support levels of 104600 and 103500 below. Currently, in the short term, Bitcoin's volatility has decreased, with support near 105200.
Evening Personal Opinion:
Bitcoin may retrace to around 105500-105000, looking to reach about 107000-107500.
Ethereum may retrace to around 2535-2510, looking to reach about 2585-2600.