June 22, 2025, 11:34 AM
Weekend midday Bitcoin and Ethereum market analysis and trading suggestions on June 22
Medium to long-term layout. It can be said to be a great victory.
The weekend market conditions were quite volatile, and a sudden drop based on news caught many off guard.
However, the situation in the Middle East has not eased, and the time bomb is always present, so recent operations will be slightly more complicated; everyone should pay attention to defense.
Currently, the four-hour level shows three consecutive bearish candles 📉 breaking below the lower Bollinger Band, and the Bollinger Band is opening downward. The three consecutive bearish candles indicate that the selling pressure has been continuously exerted within the four-hour cycle, successfully pushing prices down to the lower Bollinger Band. The downward opening of the Bollinger Band further reinforces the downward 📉 trend, so do not easily try to catch a falling knife unless it breaks below 10!
Specific operations should focus on shorting during rebounds:
Bitcoin: Short position in the 103,000-103,500 range, targeting around 101,000.
Ethereum: Short position in the 2,300-2,350 range, targeting around 2,150.
