6.18 Morning Analysis of Bitcoin and Ethereum

Fans and friends know that Sister Yang has been bearish since the high of 108800. Yesterday, Bitcoin showed an overall downtrend and has captured a space of 5600!

The price has broken below the middle band of the Bollinger Bands on the 1-hour chart and has continued to fluctuate in the middle-lower band range, showing a bearish dominant pattern with insufficient rebound momentum.

The overall market is currently weak, and it is expected to be difficult to form an effective breakthrough in the short term. It is recommended to primarily focus on shorting during rebounds and to supplement with buying on dips.

Short Bitcoin at 104800-10500, target 103500

Short Ethereum at 2530-2550, target 2490