Evening Analysis on June 25:

Today's Market: This morning, Bitcoin reached a high of 106,745 before facing pressure and dropping, with a minimum dip to around 105,959, then rebounding to near 106,300; Ethereum followed a similar trajectory, retreating after hitting a high of 2,467, with a low of around 2,423. In the afternoon, Bitcoin's performance was strong, initiating a stair-step rise in the Asian market, quickly rebounding after touching the support level of 105,950 at noon, with bulls strongly breaking through the key resistance level of 106,800, disrupting the consolidation pattern. In the evening, the bullish momentum continued, pushing Bitcoin's price above the 107,000 mark, despite some pullback, it successfully stabilized and maintained high-level fluctuations.

From a technical analysis perspective, Bitcoin's daily chart closed with a positive candle near 106,000, with the Bollinger Bands narrowing, MACD lines flattening, and bearish volume decreasing, while KDJ is moving upwards; the 4-hour chart shows the Bollinger Bands opening upwards, MACD lines moving up, bullish volume increasing, and KDJ also moving up. Currently, Bitcoin has temporarily broken through 100,000 and rebounded to around 107,000, with short-term resistance at 107,000-109,000 and support at 106,000-105,000. Ethereum's daily chart closed with a positive candle near 2,447, with the Bollinger Bands opening downwards, MACD lines moving down, bearish volume decreasing, and KDJ moving up; the 4-hour chart shows the Bollinger Bands opening upwards, MACD lines moving up, bullish volume increasing, and KDJ moving down. After dipping to around 2,100, Ethereum rebounded above 2,400, with resistance at 2,480-2,500 and support at 2,380-2,350. From the 4-hour level, Bitcoin has broken through the resistance level of 106,000-107,000, and after the top-bottom conversion, it can temporarily act as support, with new resistance above at 108,500-109,000; Ethereum's performance is relatively weak, and breaking through the resistance level of 2,350-2,400 can be viewed as short-term support, with resistance above at 2,480-2,500.

The news front is warming up, with bullish prospects pushing up to 108,000. Recently, the market has been significantly impacted by various news, and currently, the Israel-Palestine conflict has calmed down, with Powell's statements being more dovish than before; the subsequent market may turn towards being driven by technicals.

Trading Suggestions:

Bitcoin: Short near 108,000-108,500, target: around 106,500-106,000

Ethereum: Short near 2,430-2,450, target: around 2,370-2,340

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