June 22 Bitcoin Market Summary

As US-Iran negotiations eased, the early morning price initially rebounded from around 63,300 with increased volume to about 64,800. At that time, we first looked for a pullback to repair around 63,500. The market also moved as expected at noon, but the pullback was weak, stopping at 63,800. In the afternoon, the bullish momentum showed strength, gradually stabilizing above 64,000. Therefore, in the evening, we quickly shifted our outlook, with support holding, allowing for a light long position targeting above 64,800. A volume breakout could see the 65,500-65,800 range, with the ETH also tracking the 1770-1780 range. Our current strategy is evolving with this shift in thinking, and all positions are now closed for profit, marking a good start to the week.

After the evening rally to 65,597, the TON also increased volume, pushing the price back toward 65,000. This level remains relatively safe as a support zone. This pullback can be seen as a short-term correction after a rally, and early Tuesday morning, we should watch for support below the price. If effective, there could be oscillations with upward movement or even a break of previous highs. The 1-hour chart for Bitcoin still shows a correction in progress, and the bullish momentum has not fully released. After a weak pullback, we can continue to lightly long for short-term gains. The previous high is a short-term resistance level; if it’s not broken, avoid further chasing. The ETH is still following the rhythm, but attention should be paid to the extent of the pullback. $BTC #TradFiCFD黄金大师赛 $ETH