Yue Ying: 6.20 Bitcoin and Ethereum Market Analysis Today, Support Validates Upward Trend Weekend Brief Review Just look at today's sharing!

Bitcoin Technical Analysis————

Bitcoin daily chart shows that the previous K again touched around 62,200 and rebounded with a small positive candle, opening weakly and oscillating upward to test the resistance of the middle band. The Bollinger Bands are narrowing, short-term moving averages are parallel, MACD fast and slow lines are moving upward with decreasing red volume bars, KDJ is extending downward with support near the 0 level, VR indicator is consolidating around 30. The four-hour chart shows the market supported around the 7 moving average with narrow fluctuations, currently trading below the middle band and the 60-day moving average. The Bollinger Bands are narrowing, short-term moving averages are upward, MACD fast and slow lines are crossing upward with increasing red volume bars, KDJ is extending upward with resistance near the 100 level, VR indicator is consolidating around 60. Overall, the market trend is in line with expectations; after breaking below 64,000, it declined as expected, showing overall weakness. Short-term resistance continues to focus on the 7 moving average and the middle band; only a breakout can indicate continuation. Support below is based on short-term lows. Over the weekend, expect a range adjustment, wait for a breakout to confirm, and for short-term trading, follow the strategy.

Bitcoin Short-term Suggestion: buy above 62,800, sell below 64,500 (profit is possible with strategy activation, trade at your own risk)

Ethereum Technical Analysis————

Ethereum four-hour chart shows that after oscillating around the 7 moving average and the 60-day moving average, it stabilized and moved upward. Currently testing the middle band; if it breaks through, further gains can be expected. The daily chart points are also consistent. The overall technical trend can be referenced with Bitcoin. Short-term resistance is at 1,800, support at around 1,650. Short-term trading suggestions.

Ethereum Short-term Suggestion: buy above 1,680, sell below 1,785 (profit is possible with strategy activation, trade at your own risk)

—— 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 #美伊谈判推迟