Good evening everyone on the 6.18 midnight thoughts!
Looking back at this evening, after an upward movement to around 105300, a pullback occurred, and it is currently hovering around 104100.
From the analysis of the four-hour level, Bitcoin is currently near the lower Bollinger Band, indicating a certain demand for technical adjustment. The KDJ indicator shows a downward trend, while the MACD indicator shows signs of an increasing bearish momentum.
I personally think at night:
Bitcoin: It is expected to first retrace to the range of 103700-102600, and then is likely to rebound upwards, with the target range possibly around 104900-105900.
Ethereum: Ethereum is expected to first pull back to the range of 2470-2430, and then it may rebound upwards, aiming for the target range of 2530-2570.
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Good evening everyone on the 6.18 midnight thoughts!
Looking back at this evening, after an upward movement to around 105300, a pullback occurred, and it is currently hovering around 104100.
From the analysis of the four-hour level, Bitcoin is currently near the lower Bollinger Band, indicating a certain demand for technical adjustment. The KDJ indicator shows a downward trend, while the MACD indicator shows signs of an increasing bearish momentum.
I personally think at night:
Bitcoin: It is expected to first retrace to the range of 103700-102600, and then is likely to rebound upwards, with the target range possibly around 104900-105900.
Ethereum: Ethereum is expected to first pull back to the range of 2470-2430, and then it may rebound upwards, aiming for the target range of 2530-2570.