Bitcoin/Ethereum Market Analysis and Trading Ideas on June 21st
Based on the current chart, the four-hour level shows that the market is under pressure after rebounding to the upper Bollinger Band, with bears pushing down sharply. The price is currently running below the middle Bollinger Band, the KDJ indicator's three lines have formed a death cross pattern, and there is no continued downward divergence. The overall market pattern has again entered a weak state. From the one-hour level, the market shows a strong downward trend with two consecutive bearish candles, with the price approaching the lower Bollinger Band. The MACD indicator's fast and slow lines have formed a death cross above the zero line, with the indicator values entering the negative zone, but the KDJ indicator's J value has entered the overbought zone. The midnight rhythm still appears relatively strong; although there has been a pullback, it is merely a trap for shorts. If the bears do not hold the 103800 level, we will continue to go long.
Bitcoin: 103500-13000 range Looking at 104500-105500
Ethereum: 2460-2430 range Looking at 2510-2540
