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Gu Jingci: The strategy of shorting first and then going long on Bitcoin/Ethereum on June 20th has been successfully validated; continue to go long on pullbacks in the evening.

2026-06-20 14:10:48
Shareshare
Bitcoin/Ethereum has seen some upward movement after a pullback in the past two days. Currently, the price has repeatedly tested lower levels without success, finding effective support below. The 62000 and 1660 levels remain key levels to watch. On the 4-hour chart, the latest candlestick is bearish, with the closing price lower than the opening price, indicating weakening bullish momentum and continued sideways consolidation. However, the price broke through the 63000 and 1710 levels, which have been key support levels for the past two days, suggesting potential strengthening of the bullish momentum. Technically, the DIF and DEA lines have formed a golden cross below the zero line, and the MACD histogram has turned positive, indicating a weakening of bearish pressure and an attempt by the bulls to gain strength. However, the golden cross occurring below the zero line and the relatively small MACD histogram values suggest potential resistance to any rebound. The weekend trading was lackluster, with slow and limited price movement. Continued attention should be paid to the effectiveness of the support levels at 62000 and 1660. Evening Trading Suggestions: Buy Bitcoin around 62800-63200, with a target of 64500-65500; Buy Ethereum around 1690-1710, with a target of 1760-1790. We're here every day, not to prove a high win rate, but simply to let you know that our team is always present, monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.
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