Monday Summary, June 23 Tuesday Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

Fluctuations between gains and losses are normal. On Monday, the intraday market showed a strong rebound trend. In the morning, Bitcoin surged to 64,700 but faced resistance and declined under pressure. In the evening, support was sufficient below, initiating a second wave of upward movement, recovering most of the intraday decline, with a high of 65,597. Ethereum's trend was synchronized, rising to 1,779 points before a slight pullback. A complete round of long and short rotation was completed intraday. After the initial release of the short-term pressure, the bulls regained control of the short-term active pattern.
Today, Zhi Lan accurately grasped the intraday rhythm in real trading, with a surge in the morning followed by a trend to watch for a pullback, and in the evening, after stabilizing above resistance, a rebound to watch for a breakout. Bitcoin gained a total of 2,255 points, while Ethereum also gained 47 points. The trading ideas were clear, flexible switching, without rigidly sticking to a single approach.

After a quick dip and washout intraday, support was tested and confirmed effective, and the bullish structure remained intact. On the daily chart, after support was found near Bitcoin 63,200 and Ethereum 1,715, long lower shadows appeared, indicating a clear bottoming-out and rebound signal, confirming a short-term bottom. The four-hour chart has already broken above the middle band of the Bollinger Bands, ending the continuous decline, with a bullish candlestick appearing, and the downward phase temporarily over. Although the upward movement was accompanied by a pullback, new highs were refreshed intraday, and prices never fell back below the 63,200 support level, so the decline will not further expand. The hourly chart completed a short-term bottoming and rebound, with a clear higher low. The long lower shadow candlestick confirmed support below, and the pullback bearish candlestick was quickly engulfed by bullish candles. The decline was only a short-term washout. The overall market has shifted to a more bullish structure. In terms of operation, prioritize buying at key support levels for a rebound, and consider short positions at high resistance levels.
Bitcoin: 64,000-64,700 range for a rebound, target 65,500→66,300
Ethereum: 1,715-1,740 range for a rebound, target 1,795→1,830
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