Analysis of Bitcoin market on the afternoon of June 19.

The Federal Reserve has officially maintained the interest rate stable at 4.25%-4.50%, keeping the rate unchanged, which is in line with market expectations. This means that risk assets will not receive immediate relief, and market participants are currently focused on Powell's speech and the tone of policy outlook. If there are no signs of future interest rate cuts, cryptocurrencies and stocks may decline.

Currently, from the four-hour chart perspective, Bitcoin is under pressure again after a rebound, with fierce long and short battles, operating within the upper and lower bands of the Bollinger Bands, and testing the lower support multiple times. The current chart shows a clear bearish dominant pattern. The chart shows a lower shadow line when testing previous key support levels, indicating that there is some buying strength at lower levels. Pay close attention to the dual support area formed by the lower band of the Bollinger Bands and previous lows; if there is a significant drop below this area, it may open up new downward space. The MACD fast and slow lines extend below the zero axis, and negative values have not yet issued a clear signal for a trend change, with an overall bearish trend. For future operations, it is recommended to mainly short at high levels; this strategy is for reference only, and specific actions should be based on real-time conditions, with an emphasis on maintaining protection.

Bitcoin; short around 104800-105300, target at 103500-102000, protect at 105800

Ethereum; short around 2520-2550, target at 2460, protect at 2580 #加密概念美股