June 19 BTC/ETH Market Morning Report--Good news turns into bad news, rebound is the perfect opportunity to short

Today is Dragon Boat Festival, wishing everyone a healthy Dragon Boat Festival, this week Bitcoin shorted at 66,800, 66,900, then at 66,300, Ethereum shorted at 1820, 1830, 1795, the lowest touched 62,200 and around 1670 yesterday, all perfectly reached profit-taking targets, those who should reduce positions have already done so, remaining small positions can continue to hold and seek greater profit potential! The intraday strategy remains mainly to short at high levels

The current market is just a oversold weak correction, not a reversal bull market. A rebound to 63,800-64,300 may encounter selling pressure from trapped positions. Price below EMA55 (64,500) and MACD showing a death cross, on daily and four-hour charts, the 21/55/144 moving averages are all in a bearish alignment, the bearish structure is complete, do not blindly buy the dip!

The highly anticipated US-Iran peace agreement was officially signed today. However, this major geopolitical risk event not only failed to boost the market but also became a selling window for "selling the news," erasing all the gains caused by the peace rumors earlier.

The Federal Reserve's June policy meeting kept interest rates unchanged, but the dot plot released a highly hawkish signal—9 officials expect at least one more rate hike by 2026. The market is pricing in a full-year "no rate cuts" expectation, with the possibility of rate hikes by the end of the year. In a high-interest-rate environment, the appeal of crypto assets continues to decline, institutions are reducing long-term positions to hedge risks, forming ongoing downward pressure.

Based on the above, intraday trading should focus on resistance around 63,900–64,500–65,500, with support targets at 62,200–60,000–59,200–57,800–53,000

Ethereum resistance levels are around 1,738–1,755–1,780, support levels at 1,680–1,635–1,580–1,510–1,440

All these levels should be traded lightly; once the target is reached, reduce positions promptly and seek new opportunities. When prices reach key levels later, I will update new strategies!

#我的Gate交易时刻 #沃什首秀美联储利率不变 #预测世界杯巴西VS海地