Friday, June 20 BTC/ETH Afternoon Market Analysis
On the BTC K-line chart, the price fluctuates back and forth between two obvious support and resistance levels. The fast and slow lines have crossed multiple times but have not formed an effective breakout.
This technical pattern indicates that the market is in a typical consolidation phase. In such a market environment, high selling and low buying operations are recommended!
It is suggested to short in the range of 105500-106000, with a target of 102000, the 100K threshold!
