mt logoMyToken
ETH Gas
EN

Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (June 17th)

2026-06-17 05:04:34
Shareshare
Bitcoin/Ethereum has entered another dull, narrow range trading session in the past two days. Our previously established short positions on rallies suggest Bitcoin still has room to fall, while Ethereum is stronger, although we also saw some gains after adding to our positions during the rallies. The current market pattern is characterized by sudden 20-point rallies when you think it's going to fall, and sudden 20-point dips when you think it's going to rise, indicating weak continuity in both bullish and bearish trends. The 4-hour chart shows the price consolidating around 1800 and 66000 after the recent rallies. Recent candlesticks have small bodies and long upper and lower shadows, indicating intense competition between bulls and bears in this area, with the market direction unclear. Technically, the MACD's DIF and DEA lines are above the zero line, but the DIF line is starting to flatten and shows signs of crossing below the DEA line. The MACD histogram has turned from positive to weak, indicating that short-term upward momentum is waning. The trading volume of the recent 4-hour candlesticks has shrunk significantly, indicating that the market is currently quiet and lacks new directional drivers, awaiting a breakout. Pay close attention to the interest rate decision at 2:00 AM and the Warsh currency strategy conference at 2:30 AM, focusing on whether the highs of 67500 and 1850 are broken. Trading suggestions: Short Bitcoin around 66000-66500, target around 64500; Short Ethereum around 1800-1820, target around 1740. We're here every day, not to prove a high win rate, but simply to let you know that our team is always present, monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
More exciting content is available on
X(https://x.com/MyTokencap)
or join the community to learn more:MyToken-English Telegram Group
https://t.me/mytokenGroup