Yue Ying: Bitcoin and Ethereum Market Analysis for June 18-19


Midline Unstable, Will Retrace Again, Short-term Strategy Included
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Bitcoin Technical Analysis ————

Bitcoin daily chart shows the previous K was resisted around the midline and pulled back; the opening today continued to oscillate downward, breaking below the 7-day moving average. The Bollinger Bands are narrowing, and the short-term moving averages are parallel. The MACD fast and slow lines are moving upward with decreasing volume bars. The KDJ is crossing downward,注意 the support near the 50 level, and the VR indicator is consolidating around 30.
On the 4-hour chart, the price is oscillating downward around the lower band, currently trading below the 60-day moving average. The Bollinger Bands are opening downward, and the short-term moving averages are trending down. The MACD fast and slow lines are extending downward with increasing green volume bars. The KDJ is turning downward again,注意 the support near the 0 level, and the VR indicator is consolidating around 90.
Overall, the news from the early morning interest rate meeting was in line with expectations and remained unchanged. The rebound did not continue after the rally but tested lower after a shakeout. The daily midline has not stabilized and is oscillating below the midline and the 7-day moving average. The short-term trend is weakening. Watch for a breakout above the midline and the 7-day moving average for resistance. Support has shifted down to around 62,500. Currently testing support near 64,000; if broken, the downward extension is likely.
Therefore, short-term focus is on the 62,500-65,000 range for entry, with adjustments upon breakout or breakdown. Short-term advice.

Bitcoin Short-term Strategy:
Buy above 62,800, sell short below 64,500 (strategy activation with profit, manage at your discretion)

Yao Tai Technical Analysis ————

Yao Tai on the 4-hour chart shows the intraday trend is oscillating narrowly downward, slightly weak, currently resisted around the 7-day moving average.
Overall, the technical trend should follow Bitcoin's reference. In the short term, resistance continues to focus on the previous high area, support around 1,680.
Short-term advice.

Yao Tai Short-term Strategy:
Buy above 1,700, sell short below 1,810 (strategy activation with profit, manage at your discretion)

—— 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 with me!
Let's share and profit together! $BTC #Gate现货交易量增幅全球第一 #沃什首秀美联储利率不变
BTC-2.23%
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