Evening Market Analysis and Strategy on June 20

Bitcoin extended its range oscillation and fell to around 104100 in the morning. It then broke through to around 106400 in the afternoon but has currently fallen back to around 105800.

Ethereum fell back to around 2503 after reaching around 2530 in the morning, then broke through to around 2570 in the afternoon, and later fell back to around 2545.

In the afternoon, influenced by the on-chain entry of capital, Bitcoin's incremental rise was pressured around 106500. From the current daily candlestick perspective, Bitcoin's volume has decreased and is pressured near the middle track, with attention on the upper levels of 106500 and 109700. The lower level to watch is around 102000. From the four-hour structure, Bitcoin's incremental rise is pressured near the upper track, with lower levels to watch around 104800 and 103800. From the one-hour structure, Bitcoin has broken above the upper track, with lower levels to focus on around 104600 and 103500. Currently, in the short term, Bitcoin's volume has decreased, with lower levels to watch around 105200.

Operational Suggestions

Bitcoin: Range of 104000-104300, target at 106000

Ethereum: Increment at 2500, target at 2570