Yueying: Bitcoin and Ethereum Market Analysis (June 13-14) - Is it consolidating and forming a bottom? Weekend Brief Review

On the daily chart, Bitcoin found support at the 7-day moving average and closed with a small bearish doji. Intraday trading saw a continuation of the rebound, with prices fluctuating narrowly above 63,000. The Bollinger Bands are narrowing, and short-term moving averages are turning upwards. The MACD fast and slow lines are converging upwards with decreasing volume. The KDJ is trending upwards, but watch for resistance around the 100 level. The VR indicator is consolidating around the 20 level. On the 4-hour chart, the price continues its high-level consolidation with fluctuations of around 1,000 points. Currently, it is trading above the 7-day moving average. The Bollinger Bands are widening upwards, and short-term moving averages are slightly upwards. The MACD fast and slow lines are trending upwards with decreasing volume. The KDJ is turning downwards, but watch for support around the 50 level. The VR indicator is consolidating around the 80 level. Overall, the price action again tested the 64,200 area before retreating, as expected. Since the structure remains intact, the short-term strategy for the weekend should continue to focus on the range. The short-term resistance level to watch is around 64,500; a break above this level would target 65,800. Support is around 62,000. Short-term trades should be made within this range. Short-term trading suggestions: Bitcoin: Buy at 62200, Sell at 64200 (Take profits as needed). Ethereum (4-hour chart): The price is consolidating narrowly above the middle band. Intraday volatility is limited, so expect continued consolidation within this small range, awaiting a breakout. The overall technical analysis should be referenced in conjunction with Bitcoin. Short-term support is around 1630, and resistance is around 1780. Ethereum (1650): Buy at 1650, Sell at 1765 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me about trading and trends! Let's exchange ideas and profit together!