Yue Ying: 6.16 Bitcoin and Ethereum Market Analysis Today, Bullish Rally Returns, Is the Daily Midline Breakthrough Possible?


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Bitcoin Technical Analysis ————
Bitcoin daily chart shows K-line stabilizing above the 7-day moving average with three consecutive bullish days, opening session continuing upward to test the short-term resistance around the midline at 67,000. The Bollinger Bands are narrowing upward, with short-term moving averages trending higher, MACD fast and slow lines extending upward with increasing histogram, KDJ turning upward with parallel lines near the 100 resistance level, VR indicator consolidating around 30.
Four-hour view shows the short-term bullish trend is relatively strong, currently trading above the upper band. Bollinger Bands opening upward, short-term moving averages trending higher, MACD fast and slow lines extending upward with increasing histogram, KDJ turning upward near the 100 resistance, VR indicator consolidating around 120.
Overall, the market continues to rise, consistent with previous expectations, with a breakout above 64,800 suggested. After breaking the 7-day moving average on the daily chart, the market is slowly rising, currently testing the midline. If it can break through, there is room to go higher, extending to the short-term resistance around 68,000. Breaking through that level would then target the 70,000 mark.
Short-term support below is around 65,000, just above that level.
This week’s key macro news is the interest rate decision early Thursday morning, worth paying attention to.
For short-term trading, see the recommendations.

Bitcoin Short-term Strategy: Buy at 65,800, sell at 67,880 (activate strategy for profit, trade at your own risk)

Yitai Technical Analysis ————

The long position suggested earlier in Yitai has gained about $160.
Four-hour chart shows strong bullish extension breaking above 1,800, with short-term bullish momentum strong. If it stabilizes effectively, it can continue upward.
The overall technical trend can be referenced with Bitcoin’s analysis.
Short-term resistance is around 2,000, support around 1,700.
Short-term trading suggestions:

Yitai Short-term Strategy: Buy at 1,758, sell at 1,955 (activate strategy for profit, trade at your own risk)

— I am Zhou Yue Ying, a teacher focused on technical analysis.
If anyone has questions about operations or trends, feel free to communicate and learn together!
Share and profit together! $BTC #比特币反弹 #美伊协议达成海峡将开放
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