Tuesday Summary, June 17 Wednesday Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

Volatility and consolidation are most likely to cause panic; do not be shaken by short-term declines from long-term judgments.
Looking back, Tuesday's overall market was characterized by a sharp rise followed by a deep pullback and wide-range fluctuations.
Bitcoin peaked at 67,255 early morning, and after facing resistance, the bearish force began to release.
It touched a low of 65,600 at midday before rebounding, with a late afternoon rebound to 66,956.
Subsequently, the momentum did not continue, and in the evening, it dipped near 65,300.
Supported there, it slightly recovered to around 65,800 by the close.
Zhi Lan's real-time layout maintained a bullish main idea throughout the day.
Currently, one long position is temporarily in a trapped state.
Bitcoin gained 1,858 points throughout the day, and Ethereum gained a total of 93 points.
The support below has withstood the test, waiting for a rebound—no need to panic.

After today's intraday fluctuations and pullback, the support zone below has been reached, and the decline volume has decreased, with the bullish structure intact.
The daily chart still firmly stays above the 5-day moving average, which continues to turn upward, indicating a clear upward trend.
The four-hour Bollinger Bands remain generally upward, with the overall lows still higher than previous lows,
and the retracement in the upward trend has not triggered a reversal downward.
The medium- to long-term upward trend remains intact.
This decline is merely a deep consolidation during the upward phase.
The support at 65,400, the starting point of this round of rally, has been tested and held.
The candlestick shows lower shadows, with obvious support at the lows.
Ethereum's rhythm is synchronized at 1,725 support, and as long as it does not break below, the decline will not expand.
The hourly chart has rebounded from near the lower band, with support clearly established.
After a series of bearish candles, a small bullish candle appeared, indicating waning downward momentum.
A new rebound wave could start at any time.

Bitcoin: Long in the 65,500-66,000 range, target 67,200
Ethereum: Long in the 1,750-1,780 range, target 1,854
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