Evening Market Analysis and Strategy on June 17

Bitcoin faced resistance around 107700 and retreated to around 106300 during midday. Ethereum fell back to around 2563. The overall market is under significant pressure from above, with small support around 106000 to watch below, and the trend is gradually declining, forming a downward crossover with the daily line turning from bullish to bearish, leaving an upper shadow on the bearish candle.

Operation Suggestions

Bitcoin: 105500 short, target at 103500

Ethereum: 2550 short, target at 2450