June 18 Evening Thought Analysis and Trading Suggestions

Thought analysis and forecast:
Today’s daytime to evening, Bitcoin and altcoins generally continued their weak downward trend. Bitcoin oscillated from around 64,780 and fell back, with the lowest touching around 63,156 in the evening, a short-term decline of over 1,600 points; altcoins similarly fell from around 1,762 to about 1,720, with bearish sentiment clearly dominant. From the trend, this decline is not a single sharp drop but a stair-step weakening after a lack of rebound, indicating persistent selling pressure above. Regarding market liquidity, trading volume increased during the decline, some high-leverage long positions were passively exited, market risk appetite decreased, and cautious sentiment rose. Technically, after Bitcoin broke below the key 64,000 level, a new resistance zone formed, MACD bearish momentum continued to expand, RSI remained in the weak zone, and KDJ had not yet formed a valid golden cross; altcoins around 1,720 temporarily found support, but the rebound strength was limited. On the news front, the market continues to focus on the Federal Reserve interest rate meeting, Middle East situation changes, and ETF capital flows, with risk aversion suppressing risk assets. Overall, the current phase is still dominated by bears, with short-term focus on the resistance during rebounds and whether support levels at lower prices will further break.
Trading suggestions:
Buy on dips around 64,000-64,500 for Bitcoin, target 62,200, 61,000.
Sell on rallies around 1,750-1,770 for altcoins, target 1,700, 1,650. #美伊14点备忘录曝光 $BTC $ETH