Wednesday Summary, June 18 Thursday Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

Market fluctuations are normal; understand the signals and stick to the established direction.
Reviewing Wednesday's intraday market, which showed a bottoming and rebound reversal trend,
from early morning to dawn, the volatility was limited, and in the afternoon, the market accelerated downward,
with Bitcoin dropping to around 64,520, with effective support below,
rebounding and recovering in the evening, returning to around 66,000.
Ethereum's overall rhythm appears more resilient, with the 1760 support still effective.
After a round of panic selling, the market cleaned out some liquidity,
short-term selling pressure has eased, and the market has returned to a sideways upward trend.
Throughout the day, the core bullish outlook remained,
buying in batches at low support areas,
Bitcoin gained a total of 1,840 points,
Ethereum gained 70 points,
always reminding not to be shaken out,
despite some fluctuations, the overall trend remains positive.

Currently, the market has completed a beautiful intraday bottoming and rebound,
the support below has been tested and confirmed effective,
the bullish trend remains intact.
The four-hour Bollinger Bands lower band continues to rise,
medium- and long-term bullish structures are solid,
the middle band has shifted to a key support level for the future market,
the candlestick has formed two lower shadows, indicating stabilization signals,
the long-term structure still maintains an upward trend.
The hourly Bollinger Bands are re-converging from the lower band,
now above the middle band, which has shifted from resistance to support,
candlesticks have continued to close higher after bottoming,
Bitcoin's key support at 64,700 has been confirmed effective,
the market is entering a rebound and consolidation phase.
Although the intraday trend was volatile,
it has overall returned to the key level of 65,400,
bullish sentiment is warming,
prioritize long positions, testing previous highs upward.
Also, pay attention to the impact of Federal Reserve news at midnight,
manage positions carefully before that, and set stop-loss and take-profit orders.

Bitcoin: Long in the 65,700-64,700 range, target 67,200
Ethereum: Long in the 1,770-1,740 range, target 1,854
#我的Gate交易时刻 $BTC ‌$ETH ‌