June 23, 2026 $BTC Market Trend Analysis for the Day Brothers, good afternoon. I don’t know how everyone spent the Dragon Boat Festival. I am truly exhausted! Starting today, I will resume updates to prepare for the next holiday's spending funds. Bitcoin and Ethereum surged yesterday and then quickly pulled back. I warned in the group during my holiday that as long as it breaks above the upper trendline, there is significant room for upward movement. But luckily, it has now pulled back. So, should we continue to go long or wait for a short opportunity? Today, keep an eye on around 645 for Bitcoin. If the 4-hour chart closes above that, then look for short positions near 656, 672, and 695. If the 4-hour chart does not close above 645 today, then wait for long positions near 632, 623, and 610. For Ethereum, watch around 1730–1740 today. If the 4-hour chart closes above that, it will rebound again, so look for short positions near 1780, 1800, and 1845. If the 4-hour chart does not close above 1740, then the rebound lacks strength, and wait for long positions near 1705, 1670, and 1615. For SOL, watch around 73. Only if the 4-hour chart closes above that, then look for short positions near 75, 78, and 81. If the 4-hour chart does not close above that, then wait for long positions near 70, 68, and 66.

Family, I really didn't wait in vain for that tone a few days ago. 📉🔥👀 When I opened the chart this morning, $ETH it completely wiped out the stubborn high-level momentum from a few days ago. ETH had already started showing signs of fatigue before bed a few days ago, and I immediately felt that the bears had the upper hand. A few days ago before bed, I saw: no rebound strength, obvious resistance, every upward push was just short of momentum. I didn't want to chase long at this position; I was just casually confirming the bearish view. The real comfort is waiting for it to loosen up on its own. When making money, the most feared thing is suddenly getting overexcited. Some money isn't earned through impulsiveness. Take profits when you should. ✅ So I shorted around 2185.21, riding it down to 1726.3, +3649.12% — this wave was cashed out quite cleanly. 📈🎉 I closed 80% first, leaving 20% at cost to protect, and if it continues to drop later, let the profits run. If you missed it, don’t chase; don’t hang yourself on the last thread. ⚠️ Wait for clearer signals in the next round; the market isn’t short of opportunities. 🔔 ‍$BTC $SOL

June 23, 2026 SOL/USDT Perpetual Contract Technical Analysis (Current Price: $73.55 USDT) I. Market and Capital Overview 1. Price Structure SOL has been experiencing a deep correction since its peak at $149, with the lowest point at $60.24 in June triggering a rebound from bottom-fishing funds. Currently, in the $73–75 range, there is strong selling pressure. Overall, it is a weak rebound within a major downtrend, not reversing the medium-term bearish structure, with a trend significantly weaker than BTC. 2. Volume and Capital Flow • 24-hour contract trading volume: $3.05 billion, with rebound volume continuing to expand; trapped orders above $75 are being gradually liquidated; • Total open interest: about $1.9 billion, down 30% from May’s high, with leverage significantly reduced. Long and short positions are balanced, funding rates show slight negative premium, with a slight advantage for bears; • Market sentiment: Crypto Fear & Greed Index at 20 (Extreme Fear), existing funds continue flowing from altcoins to BTC, SOL spot net outflow of $15 million over 7 days, indicating insufficient bullish momentum; • Fundamentals: Tokenized stocks sector remains positive support, but macroeconomic factors like tight USD liquidity and risk aversion suppress altcoin upside. II. Multi-Cycle Technical Breakdown Daily Chart (Mid-term trend, Bearish dominance) • Moving Averages: Price remains under pressure from MA20/MA50/MA100, forming a standard bearish alignment. MA20 at $75–76 acts as a key resistance, marking the bull-bear dividing line on the daily chart; • Indicators: MACD below zero line, green bars narrowing indicating weakening bearish momentum, no bottom reversal golden cross; RSI around 38, not breaking above 50, showing no bullish dominance; • Pattern: Rebound peaks gradually decline, with a complete downward channel. This correction is a technical oversold rebound, not a bullish reversal. 4-hour Chart (Intraday core trading cycle) • Bollinger Bands are narrowing with sideways movement, with the middle band at $74.8 as the first resistance, and the lower band at $70.8 as short-term support; • EMA7/EMA30 are closely aligned at $72.8–73.2, breaking below would invalidate the rebound structure; • Concentrated trading zone: $75–77, with previous bottom-fishing and trapped sell orders, a volume-less breakout may quickly reverse. 1-hour Chart (Short-term trading cycle) RSI fluctuates between 42–48 in a neutral zone, with no clear directional momentum. Narrow oscillations dominate, frequent pin-pricks, high leverage risks being wiped out. III. Key Support and Resistance Levels Upper Resistance (from near to far) 1. Short-term first resistance: $74.8–76.0 (4H Bollinger middle band + daily MA20, intraday dividing line) 2. Medium-term strong resistance: $79–81 (top of previous rebound range, only confirmed with volume to open space above $84) 3. Trend reversal dividing line: $85–87 (MA50 + dense trapped zone, sustained above needed to end the mid-term downtrend) Lower Support (from near to far) 1. Immediate short-term support: $72.8–73.2 (short-term moving average confluence, intraday bottom line for bulls) 2. Strong support zone: $70.5–71.0 (4H Bollinger lower band, failure here invalidates rebound) 3. Core wave support: $66–68 (June’s first bottom-fishing zone, concentrated buy orders) 4. Trend lifeline: $60–62 (lowest point in the phase, a decisive break signals a new deep decline) IV. Two Market Scenario Projections Scenario A (High probability, pressure and decline) Price rises with no volume in the $74.8–76 zone, closes with a bearish candle, breaks below $72.8 support; targets $70.8 → $67, with extreme testing of the $62 low. Trigger signals: consecutive 1-hour bearish candles, active sell volume in contracts, BTC weakening simultaneously. Scenario B (Low probability, volume-driven recovery) Breaks above $76 with volume and closes above on 4H, pushing toward $80–81; after testing resistance at $86, it faces renewed pressure and declines. Trigger signals: large spot buy orders, US stock risk assets strengthening, BTC stabilizing above $64,800. V. Contract Trading Strategy (Strict leverage control, light positions) Short-term longs (Contrarian, light positions on dips) Entry: Gradually buy at $72.8–73.2 Stop-loss: $70.5 (invalidates rebound if broken) Take profit: First target $75.5; second target $79.5 Short-term shorts (Trend-following, pressure-based) Entry: Short at $74.8–76 with bearish close, add at $79–81 Stop-loss: $87 (breaks medium-term trend resistance, invalidates bearish thesis) Take profit: First target $73; second target $70.8 Mid-term swing strategy Daily bearish structure not reversed, all rebounds are high-altitude shorts; only deep correction to $60–62 core support can consider long positions aiming above $80. VI. Contract Risk Warning 1. SOL altcoin volatility far exceeds BTC, frequent pin-prick liquidations after breakouts, avoid full positions and high leverage; 2. Current capital prefers Bitcoin, altcoin rebounds are weak and unsustainable, unsuitable for long-term long holdings; 3. Technical analysis is for trading reference only, not investment advice. Crypto derivatives carry #我的Gate交易时刻 extremely high risk.