Yueying: Bitcoin and Ethereum Market Analysis for June 18-19 - Unstable Middle Band, Expected to Pull Back Again (with Short-Term Strategy)

On the daily chart, Bitcoin's previous candlestick encountered resistance near the middle Bollinger Band and retreated, continuing its downward trend after the opening bell and breaking below the 7-day moving average. The Bollinger Bands are narrowing, with short-term moving averages moving sideways. The MACD fast and slow lines are trending upwards with decreasing volume. The KDJ indicator is crossing downwards; watch for support around the 50 level. The VR indicator is consolidating around the 30 level. On the 4-hour chart, the price is trending downwards around the lower Bollinger Band and is currently trading below the 60-day moving average. The Bollinger Bands are widening downwards, short-term moving averages are trending downwards, the MACD fast and slow lines are extending downwards with increasing green volume, the KDJ indicator is turning downwards again; watch for support around the 0 level. The VR indicator is consolidating around the 90 level. Overall, the interest rate meeting news in the early morning was in line with expectations, remaining unchanged. The market rebounded but failed to continue, instead testing lower levels after a period of consolidation. The daily moving average (M-band) failed to hold, and the market is currently oscillating below both the M-band and the 7-day moving average, indicating a weakening short-term trend. Attention should be paid to whether the resistance at the M-band and the 7-day moving average is broken. Support has also shifted down to around 62500. Currently, support is being tested around 64000; a break below this level would likely extend the downward trend. Therefore, short-term entry points should focus on the 62500-65000 range. A break above or below this range would require further adjustments. See short-term recommendations. Bitcoin short-term recommendations: Long at 62800, Short at 64500 (Strategy activated, manage profits as needed). Ethereum (4-hour chart) shows a narrow range-bound downward trend with a slightly weak bias, currently facing resistance around the 7-day moving average. The overall technical trend should be referenced in conjunction with Bitcoin. Short-term resistance remains around the previous high, while support is around 1680. See short-term recommendations. Auntie's short-term trading suggestion: Buy at 1700, sell at 1810 (For more cryptocurrency analysis, click the image to see my profile and find me to discuss.) — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!