Thursday, June 19, 2025

Last night, the market was calm, and the trend was more stable than expected. The Federal Reserve's interest rate decision has remained unchanged for four consecutive times, which did not cause a significant impact on the market. The price fell back to test the 103400 level, basically in line with our expectations. According to the strategy, Bitcoin could once again achieve about a thousand points profit!

The short-term repair has strengthened but has not broken through the range. The current market has opened a repair phase, with the strength slightly increased compared to yesterday, but it has not yet broken through the 103500-105500 range. Although there were three consecutive upward candles on the hourly chart, the subsequent momentum was insufficient, and it could not further attack. Meanwhile, the trading volume shrank as the price increased, indicating that the market's long and short positions are increasingly divergent, and the competition is fierce.

On the four-hour chart, there is clear pressure, with the price hovering between the middle and lower bands. Although the early morning broke the consecutive downward trend with a bullish candle, the bullish volume remains insufficient. Even if the price continues to repair during the day, the upward space is relatively limited.

For operations, I personally suggest setting up a short position near 105500 for Bitcoin, targeting around 103000!

Set up a short position near 2550 for Ethereum, targeting around 2450!