Saturday Summary, June 21 Early Sunday Bitcoin and Ethereum Market Analysis and Trading Suggestions

Reviewing the market movement on Saturday and Sunday, which showed a reversal pattern of initial decline followed by a rally, Bitcoin has currently surged up to 64,370 before facing resistance and pulling back, retesting the key support at 63,300. This level was tested twice without being effectively broken, prompting buying interest to enter the market, and then stabilizing and rebounding; Ethereum also completed a bottoming rebound, rising to a high of 1,749, then briefly pulling back, retesting support and bouncing again. The support below was confirmed as effective, short-term bearish momentum has diminished, and the market has begun to shift from a volatile downward correction to a rebound and recovery pattern.
Zhi Lan’s real trading setup initially short and then long, with Bitcoin gaining 1,514 points in a single day, and Ethereum gaining 47 points. The intraday strategy has already emphasized monitoring key level breakouts and flexible positioning.

After several consecutive days of rapid decline, the current market has fully released the bearish momentum. Bitcoin successfully broke through the critical resistance at 63,700, and Ethereum stabilized above 1,715, establishing a short-term bullish structure. The daily chart shows a bullish candle after continuous decline, breaking above the 5-day moving average, indicating a short-term trend reversal signal. If the rebound continues, the next target is the resistance zone at 64,700–65,400. On the daily chart, Ethereum is rebounding but has not yet returned inside the 1,800 range; if it cannot recover the 1,800 level early next week, there is still a risk of pulling back to 1,570, but the short-term rebound structure has already formed.
On the 4-hour chart, consecutive lower shadows at low levels indicate strong support; Bitcoin rebounded after finding support at the midline of the 62,300 range, currently testing the upper boundary at 64,400. If a breakout occurs, a 4-hour rebound wave will be underway.
On the hourly chart, after breaking through the 63,700 resistance, there was a slight pullback. The breakout was confirmed as effective, with two previous retests of 63,300 without breaking, followed by volume-driven breakout, completing a bullish structure.
Bitcoin: around 63,500, target 64,700 → 65,400
Ethereum: around 1,720, target 1,760 → 1,790
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