June 22 BTC, ETH ideas and trading suggestions: $BTC $ETH Market outlook

The Federal Reserve's hawkish expectations continue to suppress risk assets, with the US dollar index and US Treasury yields rising in tandem. BTC and ETH spot ETFs have experienced net outflows for several consecutive days, and market bullish funds are continuously exiting. The rebound on the chart has been shrinking in volume throughout, with each rally facing selling pressure and pulling back. The daily chart shows resistance from moving averages forming a bearish alignment. ETH has more volatility and a stronger downward elasticity than BTC. There is no major positive news to support a price reversal within the day, and the overall trend is oscillating downward. In the short term, only look to short on rallies; do not try to buy the dip in advance to catch a rebound. Short-term resistance for BTC is between 64,400-64,900, with support at 63,000; for ETH, resistance is at 1,760-1,790, with support at 1,680.
Trading suggestions
BTC short position
Entry zone: 64,400-64,900
Stop-loss zone: 65,000-65,200
Take-profit zone: 63,100-63,400
ETH short position
Entry zone: 1,760-1,790
Stop-loss zone: 1,798-1,810
Take-profit zone: 1,685-1,705 #我的Gate交易时刻 $ETH $BTC