June 22 BTC/ETH Market Evening Report -- Repeated Showdowns in US-Iran Negotiations, Who Has the Upper Hand with the Fed's Hawkish Stance?

Recently, US-Iran negotiations have repeatedly played out, and the market has fluctuated accordingly. Geopolitical policy changes are truly unpredictable. When trading recently, remember to participate with light positions. Personally, I believe the Federal Reserve leans hawkish, and the market generally expects three rate hikes this year, which will largely suppress any short-term bullish signals. Therefore, I still favor light positions mainly in short trades!

As for the Bitcoin short positions mentioned in our article at 64,800-65,500, and around 64,400-64,900 in the morning report, as well as Ethereum shorts at 1,760-1,780 and around 1,740-1,760 in the morning report, currently showing slight floating losses, I suggest holding and observing. Tonight's strategy remains the same: mainly high shorts. The specific operations are as follows:

Bitcoin:

Affected by the positive news of US-Iran negotiations, prices have generally rebounded slightly. The suggested approach is to participate with small positions and avoid heavy accumulation. The current daily moving averages are still in a bearish arrangement, with resistance around 65,600, and another at 66,400. The upper Bollinger band is near 66,600. The four-hour chart shows prices have broken above the upper band but have not yet closed above it. The RSI on the smaller timeframes shows overbought signals, so be cautious about chasing the rally.

Recommended short entries near resistance levels: around 65,600-66,000-66,600, with key resistance at 68,500-68,800. Targets to watch for support are around 64,500, 63,500, 62,200, and 60,000, as well as support at 59,300-58,000.

Ethereum:

For short positions, consider resistance near 1,780-1,820-1,908, with targets around 1,720-1,680, then 1,630, 1,580, 1,510, and 1,444.

In the current unstable geopolitical situation, remember to participate with light positions. The above entry and exit points may vary slightly: Bitcoin ±100 points, Ethereum ±5 points. These are for #我的Gate交易时刻 reference only!