Evening market analysis and trading suggestions for June 24
Don't be afraid of slowness; as long as the direction is correct, don't fear difficulties, because the strong always grow through challenges. Perhaps you feel exhausted at this moment, and the road ahead seems thorny, but please remember that after the darkest night, the brightest dawn will surely come. Your perseverance is not stubbornness; it is loyalty to your dreams. Your efforts are not in vain; they are paving the way for the future. The market encountered resistance after rising to the 105775 line and then retraced, falling to 104570 where it found support, subsequently showing a slight range of oscillation.
From a technical perspective, being bullish on BTC: In the BOLL indicator, the price broke through the middle track and continued to rise, currently approaching the upper track, indicating strong bullish momentum. There are signs of an expanding channel, suggesting the continuation of the upward trend. Although the KDJ indicator shows signs of being at a high position, the J value is not overbought and still has upward momentum, reflecting that short-term bulls remain dominant. The volume during the price increase phase has significantly expanded, indicating active capital entering the market to drive the rise. Combined with a 24-hour increase of 3.57% and breaking previous highs, the technical pattern supports BTC's continued upward movement, with significant bullish signals.
BTC strategy: Buy around 104800, target 106200
ETH strategy: Buy around 2380, target 2480
