6.18 Afternoon Thought Analysis

Last night, Bitcoin indeed dropped as previously indicated, and then formed a small V-shaped reversal. After falling to the key low of 103300 on the hourly chart, it stabilized thanks to a bullish candlestick pattern.

Now many indicators are simultaneously releasing bullish signals. After experiencing 12 consecutive bearish candles, the hourly chart has started to rebound and correct. In the short term, the rebound trend may continue, and it is estimated that Bitcoin will oscillate upwards from the bottom today.

Operation Suggestions:

Bitcoin: Buy around 104500, target near 16500.

Ethereum: Buy around 2520, target near 2580.