Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (June 24)

Bitcoin/Ethereum, after a surge and subsequent decline yesterday, fell to lows of around 61900 and 1630 in the early morning, repeatedly failing to break through and remaining in a narrow range. However, following news developments, the support level has been further strengthened. The 4-hour chart shows that after a sharp drop with high volume, the price is currently in a low-level consolidation and rebound phase. The most recent 4-hour candlestick is a small positive line, indicating some stabilization. The daily chart shows a large negative candlestick with a long lower shadow, indicating some support below, but the overall trend remains downward. Technically, the 4-hour MACD indicator shows both the DIF and DEA lines running below the zero axis, with the DIF line below the DEA line, indicating a bearish trend. The MACD histogram is converging towards negative values, suggesting a weakening of downward momentum, but a golden cross has not yet formed. The key levels to watch are 60600, 61500, 1600, and 1630, while the resistance levels at 66000, 68000, 1850, and 1900 are also very significant. Trading recommendations: Buy Bitcoin around 62300 to 62600, with a target of around 64000; Buy Ethereum around 1650 to 1665, with a target of around 1720 to 1750.