June Cryptocurrency Market Summary and Future Strategy Analysis

The June market was predominantly characterized by wide fluctuations. At the beginning of the month, it rebounded from a low of 100,305 to a high of 110,653 before retreating. In the middle of the month, it fell below the 100,000 mark to 98,115, and then rebounded to recover lost ground, reaching a peak of 108,783 by the end of the month. The current technical indicators show:

• Weekly K-line: The market rebound is approaching the upper Bollinger Band, and the Bollinger Band is widening, indicating a strong market sentiment in high positions, providing space for bulls to break new highs.

• Daily line: A bullish engulfing pattern formed by three green candles and one red candle, with weak bearish pullback strength. The MACD fast and slow lines have crossed above the 0-axis and are extending upward, indicating a dominant bullish trend; however, the KDJ three lines have entered the overbought zone, which requires caution for short-term corrections.

Operational Strategy (primarily buying on dips):

• Bitcoin: Buy around 107,000-106,500, with a short-term target of 109,500, a medium-term target of 111,500, and a long-term target of 122,000.

• Ethereum: Buy around 2,450, with a short-term target of 2,550, a medium-term target of 2,880, and a long-term target of 3,000.