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

Today is Dragon Boat Festival, wishing everyone a healthy Dragon Boat Festival. This week, Bitcoin dropped from 66,800 short, 66,900 short, to the current price of 66,300 short, Ethereum short at 1820, 1830, 1795. Yesterday's lows reached around 62,200 and 1,670, perfectly hitting profit-taking targets. Those who should reduce their 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 into a bull market. Rebounds to 63,800-64,300 may face selling pressure from trapped positions. If the price drops below the EMA55 (64,500) and MACD shows a death cross, with the daily and four-hour charts showing all 21/55/144 moving averages 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 did not boost the market; instead, it became a selling window for "selling the news," wiping out all the gains caused by peace rumors earlier.
The Federal Reserve's June interest rate meeting kept rates unchanged, but the dot plot signaled a highly hawkish stance—9 officials expect at least one more rate hike before 2026. The market is pricing in a full-year "no rate cuts" expectation, with the possibility of rate hikes by year-end. In a high-interest-rate environment, the appeal of crypto assets continues to decline, with institutions reducing long-term positions for risk aversion, exerting ongoing downward pressure.
Based on the above, intraday trading should focus on resistance around 63,900-64,500-65,500, with support levels at 62,200-60,000-59,200-57,800-53,000.
Ethereum should watch resistance around 1,738-1,755-1,780, with support levels at 1,680-1,635-1,580-1,510-1,440.
All these levels should be traded lightly. Once targets are 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 # World Cup prediction: Brazil vs. Haiti