6.19 Evening Thought Analysis and Trading Suggestions

Thought Analysis and Forecast:
Today, Bitcoin generally formed a bottoming and rebound pattern, with a low around 62,237 during the day before stabilizing and bouncing back, then quickly rising to around 63,410 in the evening, with a daily fluctuation of over 1,100 points. From a short-term structure perspective, the lows are continuously rising, and the highs are moving higher, indicating that the bulls are regaining control. The altcoin also completed a bottoming and rebound near 1,678, with a maximum surge above 1,710, and its overall trend remains linked to Bitcoin. On the news front, the market's focus remains on the Fed's interest rate cut expectations, with recent ETF capital maintaining net inflows, providing ongoing support; the Middle East situation has not worsened further, risk aversion sentiment has eased, and funds are flowing back into risk markets. Technically, Bitcoin has regained stability above the 63,000 level, with short-term moving averages forming an upward divergence, and trading volume has significantly increased, indicating that off-market funds are starting to enter. The altcoin has also stabilized above 1,700, showing a relatively strong short-term performance. Tonight, focus on whether the 63,000 level can be maintained; if it remains stable, there is potential to push further toward the 63,800-64,200 zone. If it faces resistance and pulls back, watch for support around 62,800. Overall, market sentiment has shifted from cautious to gradually optimistic, and the short-term outlook remains oscillating with a bias toward the upside.

Trading Suggestions:
Bitcoin retrace near 62,800-63,100, target 64,200, 65,200.
Altcoin retrace near 1,685-1,700, target 1,730, 1,760. #美伊谈判推迟 $BTC $ETH