#美联储FOMC会议 $BTC Wednesday Evening Bitcoin and Ethereum Analysis

As the day ends, let's review the market on June 18. After yesterday's strong continuation, the entire market entered a corrective and volatile range, engaging in a tug-of-war between long and short forces in the 103500-105500 range. Throughout the day, there wasn't much fluctuation in the market, and Old Wang could only follow short-term trading patterns to continue making trades. In the analysis for Wednesday's market, Old Wang also provided many ideas for buying on dips. In the morning, afternoon, and evening sessions, relative market movements were observed. In the short term, the afternoon saw a stagnation and pressure at the 105500 mark, again suggesting a buying opportunity on dips, with short positions initiated around 104500 for profit-taking. In the evening, another buying opportunity emerged, gaining nearly a thousand points.

Today, the new members led by me achieved a profit of 2300 points.

From a daily perspective, the overall trend continues downward as yesterday, still within a wide range of fluctuations; however, the downward space is limited, and the MACD indicator has formed a golden cross above the zero axis. Currently, the price is close to touching the lower Bollinger band, and as long as the support level of 102000 holds, we can still consider buying on dips. It is important to note that the market is in a volatile tug-of-war situation, and the outlook remains unclear.

On the 4-hour chart, the Bollinger Bands have also shifted to a stable trend, with prices below the middle band. The downward space is narrow, and the price is currently around 104500. It seems that tonight's meeting may determine whether the market breaks the current volatility. From a news perspective, we will see if tonight is “hawkish” or “dovish.”

Trading Suggestions:

Buy Bitcoin around 103700-104000, targeting around 106500.

If it breaks below 103000, consider reversing to short.

Buy Ethereum around 2450-2470, targeting around 2550.