Market analysis of Bitcoin/Ethereum on the evening of Saturday, June 14

From the technical perspective of Bitcoin's 4-hour K-line, although the price has shown a technical rebound, there is a significant resistance area formed by multiple moving averages concentrated above, creating a notable upward resistance band. In terms of technical indicators, the MACD dual lines are currently still hovering below the zero axis, with red momentum present but weak in intensity, and not able to sustain an increase in volume. This indicates that the bullish forces are still in a tentative offensive stage, and a complete upward trend structure has not yet formed.

In the current market environment, it is expected that the market will continue to maintain a range-trading pattern in the short term. If the bulls fail to effectively break through the moving average resistance, the price may retrace and test the support area at the lower Bollinger Band again; conversely, if the price successfully breaks through the middle Bollinger Band and can stabilize, the rebound trend will gain stronger momentum support. It is particularly important for investors to note that even if the rebound trend continues to develop, the key resistance level around 106168 still needs to be closely monitored, as this price level is likely to become an important indicator for assessing the sustainability of the bulls.

Operation Reference:
Bitcoin: Pay attention to the range of 104000-104500, with a target around 105500.
Ethereum: Pay attention to the range of 2500-2530, with the target looking towards around 2580.