6.18 BTC ETH evening market analysis

I am Shibu Cat, focused on market research.

BTC Technical Analysis:
· The daily chart looks a bit weak: the bearish candle closed below the middle band and short moving averages (like the 7 and 30-day), the opening rebound couldn't even get past the 7-day line before being pushed down again. The Bollinger Bands are currently flat, but it feels like they are trying to open up (downward). The moving averages are sticking near the middle band, with a clear downward turning signal. The MACD fast and slow lines continue to dive, and the volume bars are still expanding; KDJ just crossed downwards; VR is hovering around 110. Overall, the daily chart still looks weak!

· 4 hours struggling: The pin rebounded after breaking the lower band last night, and is now trying to feel the pressure on the middle rail. The Bollinger bands are parallel and the short moving averages turn downward. The MACD fast and slow line is back below the 0 axis, but the volume column is shrinking; KDJ kind of wants to tilt his head up; VR around 100. Looking at it for 4 hours, the rebound is quite weak, and the pressure on the middle track is very critical.

My view is: the overall trend of BTC is still weak, and in terms of operations, it is better to consider shorting on rebounds.

BTC short-term suggestions:
· Short near 106,300
· Pull back to around 102,500, bet on a rebound long
· After activating the strategy (, pay attention to taking profits in batches to protect your profits! )

ETH short-term suggestion:
· Short when it rebounds to around 2588 (or more cautiously at 2628).
· Consider going long around the 2368 mark.
· After the strategy activation of (, pay attention to taking profits in batches to protect profits! )#Btc #ETH.