Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (June 21)

Bitcoin/Ethereum has been trading in a narrow range for the past few days, but after a rapid drop from its highs, it found support and steadily climbed, with the lows also rising. Our previous short positions above 1800 and long positions below 1680 were both valid. The current sideways movement isn't alarming; the overall trend remains bearish. Those seeking a more conservative approach can look for short entry opportunities around 1800 and 66000. However, given the current trend, there's still room for a rebound during this consolidation. Support levels are also gradually rising. The 4-hour chart shows recent range-bound trading with long lower shadows, indicating some support, but the overall trend remains weak. Technically, the 4-hour MACD indicator shows both the DIF and DEA lines below the zero line. The DIF line is showing signs of turning downwards and is about to cross below the DEA line again, indicating weakening short-term rebound momentum and the dominance of bearish forces. However, the external environment isn't extremely pessimistic. Firstly, the US-Iran negotiations are unlikely to yield any results. However, even the possibility of negotiations is positive and could lead to a temporary upward surge. A failure to reach an agreement would likely result in another downward move, so there's no need to enter short positions prematurely. Evening trading suggestions: Bitcoin: Buy around 63500-64000, target around 65500; Ethereum: Buy around 1700-1720, target around 1770. 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 updates!