Market analysis on June 21

1. The current geopolitical situation makes the US market particularly sensitive. Investors are mainly concerned about two points: one is that the United States may be directly involved in the conflict, and the other is that rising energy prices may push up inflation again, forcing the Federal Reserve to maintain a high interest rate policy for a longer period of time.

2. #BTC The 24-hour volatility intensified. Yesterday's hourly breakthrough of the triangle convergence ushered in a wave of acceleration, and then fluctuated at 106500 to the opening of the US stock market to test 102000. There is an expectation of breaking the triangle in the medium term. Two 4-hour K-lines have bearish engulfing, both indicating that there is still room for correction in the future. Today is the weekend, and it is expected to fluctuate in a narrow range, with a range of 102000-104000/104500. Short-term high-altitude and low-long.

3. #ETH The overall linkage market trend, the downside space is as high as 8%. After reaching 2568 yesterday, the price fell back after breaking the bear flag structure, and accelerated to around 2360 after breaking the lower edge. The current medium-term trend is still bearish, and medium-term short orders can be held patiently. In the short term, pay attention to the 2460 resistance at the weekend, and participate in the high-altitude strategy. The daily MA60 below is supported at 2360.