Analysis of the Bitcoin market on the evening of June 24.
Today, the Bitcoin market showed a strong rebound trend. After experiencing a low of 99500 in the early morning, the bulls quickly gathered, pushing the price up to around 106000. Although there was a slight pullback afterward, the price is currently stabilizing around 105000 with fluctuations. From a technical perspective, the four-hour chart shows a strong bullish candlestick breaking through the middle track and continuing to rise. It is worth noting that despite the significant rise, the expected pullback has not occurred, which suggests that the upward space may not have been exhausted. The current market seems to have entered a brief consolidation phase, building a solid support foundation for the bulls. Regarding the upcoming trend, we lean towards an upward trend, so we can consider a strategy of buying on dips at lower levels. Specifically, we should focus on the 104500-105000 range for buying.
Bitcoin; Buy near 104500-105000, target 106500-108000, stop-loss at 104000.
Ethereum; Buy near 2380-2410, target 2500, stop-loss at 2350.