Morning of 6-24

The comprehensive ceasefire by Iran led to a significant drop in crude oil prices, with Bitcoin rebounding strongly over five thousand points, and Ethereum rebounding by more than two hundred points. The Israeli side has clearly stated a ceasefire but with conditions, while the Iranian side has not fully agreed, leaving the subsequent situation uncertain; caution is advised when chasing gains.

From the 4-hour candlestick chart of Bitcoin, after a brief pullback, there have been three consecutive bullish candles, with the price rising to encounter resistance at the upper Bollinger Band, and the momentum is weakening.

Bitcoin is expected to move south from 1052-1058, targeting 10300-10000. Ethereum is expected to move south from 2400-2430, targeting 2330-2280.