Analyst Liang Qiu: On June 20, Bitcoin/Ether Dandan is down, Kongdan is preparing to enter the market.

Bitcoin/Ethereum once again followed the idea of first going up and then down yesterday, with the market dropping from around 2540 to about 2480, and then reaching the target of 2540 at 2485 in the early morning. Currently, the market is experiencing a high, with a four-hour contraction. The continuation of bulls and bears will not be very strong, with the four-hour and daily MA moving averages still under pressure at 2580 and 106500.

The daily K-line pattern of Bitcoin shows continued fluctuations recently, with a long lower shadow appearing earlier, indicating strong support below. A slight rebound has formed at the 4-hour level, but the resistance at the 106500 and 2580 areas is significant, with multiple tests failing to break through. In terms of technical indicators, the 4-hour level DIF and DEA are still below the zero axis; although there are signs of a golden cross, the strength is insufficient, suggesting a weak consolidation in the short term.

Trading advice for BTC: Enter around 105800 to 106300, target near 104000; ETH: Enter around 2550 to 2570, target near 2490.

[The above analysis and strategies are for reference only; please bear the risks yourself. The article review and publication do not guarantee timeliness, please refer to real-time information for specifics.] #Gate最新储备金104.53亿美元创安全新标杆# #超百家公司持有超83万枚比特币# #VIP专属余币宝定期理财#