Weekly Summary, Analysis of Bitcoin and Ethereum Market Trends and Trading Suggestions for the Evening of June 21

The ups and downs of the week are the breathing of the trend. The overall market movement this week showed a pattern of rising sharply and then pulling back, followed by a bottoming and recovery trend. At the beginning of the week, Bitcoin surged to a high of 67,292, with Ethereum rising in tandem to reach 1,848; midweek, the market's momentum continued to release, driven by news factors, leading to a decline, with Bitcoin falling to a low of 62,232, and Ethereum dropping to 1,670; over the weekend, the market initiated a weak rebound and recovery, with Bitcoin stabilizing above the 63,700 support level, and Ethereum remaining above 1,715. After a round of concentrated momentum release, the downward energy diminished, the lows found support, and a gradual warming began, laying the foundation for a rebound next week.
This week, Zhi Lan Shi Pan followed the market rhythm, with Bitcoin gaining a total of 13,305 points, and Ethereum gaining 491 points. Despite some losses, the overall rhythm was not disrupted. Congratulations to friends who followed the trend this week.

From the current market perspective, the weekly chart has moved away from the oversold zone below, with downward momentum significantly shrinking. The daily chart shows a typical "inverted V" reversal pattern, with the candlestick starting from the lower band and attempting to break upward. Although there was resistance and a pullback near the midline, by the weekend, the price again stabilized above the midline at the key level of 63,700, with lows gradually rising, ending a series of downward candles, indicating a clear bottoming pattern and a strong signal of accumulation. The four-hour chart shows continuous higher lows, with no new lows during the correction, and Bitcoin is approaching the dense area around 64,700, testing the upper boundary of the 64,400 range. If broken, a four-hour rebound wave could emerge, with current candlesticks showing continuous bullish bodies, and no engulfing of previous bearish candles, indicating sufficient momentum for a rebound. The bottom structure after the decline has been formed. The hourly chart displays a stepwise upward pattern, with quick recovery after pullbacks, small-bodied bearish candles, and insufficient continuation of momentum. The weekend's pullback is merely a normal retracement within the upward process. As long as key supports are not broken again, Bitcoin will continue to launch a rebound next week, gradually recovering previous losses.
Bitcoin: 63,700-64,000 zone rebound, target 65,400 → 66,300
Ethereum: 1,715-1,730 zone rebound, target 1,760 → 1,800
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