Night Analysis on 6.17

BTC Daily Analysis:
After the weekend's volatility, the market opened today with a rebound, and prices are currently testing the daily Bollinger middle band and the 7-day moving average area. The Bollinger Bands show an overall flat trend, with the short-term moving average system tangled around the middle band. The MACD fast and slow lines have formed a death cross pointing downwards, and the volume bars show a slight decrease in volume; the KDJ indicator shows initial signs of turning; the VR indicator is consolidating around the 120 level.

4-hour level observation:
The market has continuously closed in the green and has broken through the upper Bollinger Band, leading to a slight expansion of the Bollinger Bands. The short-term moving averages are diverging upwards. The MACD fast and slow lines have formed a golden cross and are moving upwards, with the volume bars continuing to expand; the KDJ indicator is extending upwards, and attention should be paid to potential resistance it may encounter near the 100 level; the VR indicator is consolidating around the 70 level.

#比特币走势 The current market is overall fluctuating within the daily Bollinger Bands range. Although there is a short-term rebound momentum, the resistance in the upper high region and the potential selling pressure still significantly exist. It is expected that after the rebound momentum is exhausted, the price may once again test the strength of the bottom support. In terms of short-term operations, it is recommended to temporarily adopt a range-bound approach.

Short-term trading suggestions for BTC:

· Short position strategy: Pay attention to shorting opportunities around 108,100, with targets looking towards 105,000.

· Long position strategy (alternative): If the price stabilizes around 102,500, consider laying out a long position.

· (After the strategy is activated, please flexibly grasp the profit space according to the market situation)

Concubine (ETH) Technical Analysis:
The technical analysis of Ethereum shows a correlated movement with Bitcoin, and the current price has once again returned to the previous range of box consolidation. For short-term trading, it is recommended to continue referencing the upper resistance and lower support of this box structure.

Auntie (ETH) short-term trading advice:

· Short Position Strategy: Focus on the opportunity to set up a short position near the resistance at 2668.

· Long Position Strategy: Pay attention to the support level around 2488 for placing long positions (more aggressive traders can refer to around 2380).

· (After the strategy is activated, please flexibly grasp the profit space according to the market situation)

I am Shibu Cat, looking forward to communicating with you!