Lettuce Survey on June 19, 2025
Market Review: The prices of Bitcoin and Ethereum fluctuated around (Bitcoin 103500-105300, Ethereum 2460-2540) under the influence of the Federal Reserve's interest rate announcement, and a trend change period is approaching. Currently, the 4-hour level is still under pressure from the moving averages, with the market struggling near the support line. A conservative approach requires waiting for the market to show direction, while an aggressive approach can trade around the upper and lower bands of the 30-minute Bollinger Bands.
Yesterday's lesson covered the top-bottom structure and entry points, including specific details on predictions and stop-loss/take-profit strategies, perfectly matching the market conditions. Those who want to learn alongside are welcome to privately message us on the homepage to join the internal class.
Bitcoin has been in a sideways trend for a day and a half, continuously forming a bottom pattern but lacking upward momentum. From the candlestick structure, it is expected to form an overbought condition near 105500, while being suppressed by the 4-hour moving average, starting a downward trend. Those holding long positions should pay attention to potential market reversals. It is expected that the market will continue to fluctuate slightly around 103500-105800 during the day.
Second Resistance: 107500
First Resistance: 106000
First Support: 104100
Second Support: 103500
Ethereum's trend is consistent with Bitcoin's, currently still in the 2460-2540 fluctuation range, with unclear direction. It should be noted that the weekly level of Ethereum has already shown the sixth doji star; high position means bullish strength is weakening, and the MACD volume histogram has shifted from upward divergence to downward contraction, which could lead to a crash at any time. The 4-hour chart is hovering near the support level with no upward momentum, and the pressure from the moving averages is also evident. Everyone should manage their positions well.
Second Resistance: 2569
First Resistance: 2542
First Support: 2506
Second Support: 2460
