June 20th BTC/ETH Market Evening Report -- The ceasefire order prompts a rally, will it give the bears a chance to catch their breath? Tonight, according to Israeli media reports, Israeli Prime Minister Netanyahu ordered a ceasefire in Lebanon. The market reacted instantly, with Bitcoin and Ethereum rising accordingly, but the uncertainty of the ceasefire remains very high. Israeli officials also stated that "the IDF will not immediately withdraw from southern Lebanon at this stage." Previously, the ceasefire agreement had been violated multiple times — since the temporary ceasefire began in April, conflicts have continued; on June 17th, Israel was accused of "multiple violations of the ceasefire agreement." Whether this ceasefire can truly be implemented remains uncertain. As for the Bitcoin short positions around 63,900–64,500 and Ethereum shorts around 1,738–1,755 that we mentioned yesterday, all have entered today. I believe that before the Federal Reserve clearly signals a dovish stance, any rebound should be viewed as a technical correction rather than a trend reversal (the probability of rate hikes this year is still high, and major negative factors are still on the way). So, it’s best to hold patiently and observe as we go! Now, let’s discuss: For those who did not enter positions according to yesterday’s article, here are today’s operational ideas (more conservative entry points): Currently, according to the “Jiang Feng Trend Tracking Strategy” indicator, the Bitcoin short around 71,400 has achieved its first target of 60,300. The remaining second target of 54,000 and third target of 47,700 still need testing. From the market perspective, the large-scale downtrend has not changed, and the moving averages are clearly in a bearish alignment, so I believe there’s no need to panic about the shorts entered! The specific conservative strategy is as follows: (those who entered yesterday’s strategy can continue to hold; tonight’s strategy may not necessarily trigger an entry) Bitcoin: Watch for resistance around 65,400–65,900–66,300, with targets focusing on support levels at 63,900–63,200–62,200–60,400 and 59,800–59,300–58,400. Ethereum: Watch for resistance around 1,780–1,820–1,905, with targets focusing on support levels at 1,680–1,640–1,580–1,510 and around 1,444. Note that the above entry points may not necessarily present opportunities to enter; everyone should hold the points from yesterday’s article. Tonight’s strategy is just to prepare for unexpected situations! All these levels include a spread of about ±100 points for Bitcoin and ±5 points for Ethereum. Recently, the key is to participate with a #我的Gate交易时刻 light position!

6.21 Sunday BTC Long-term Strategy for Next Week Another week has quickly passed, and a new week begins Long-term strategy analysis Looking ahead to next week, Bitcoin's overall trend remains volatile and weak, with the main bearish sentiment unchanged. On the macro front, the hawkish expectations of the Federal Reserve continue to suppress the market, high interest rate environments remain a bearish factor for risk assets, combined with ongoing outflows from spot ETFs and insufficient new capital, the rebound in the market is only a technical correction, with no signs of a reversal. Next week, key US inflation and employment data will be released intensively, causing increased market volatility. Regardless of whether the data is good or bad, it will be difficult to change the overall weak structure. From a technical perspective, the weekly and daily bearish structures are intact, with heavy selling pressure above, and the rebound is weak with declining volume and obvious volume-price divergence. The key resistance next week is 66,500–66,800, with a high probability of a stalling rally and a pullback; short-term support is at 64,800, which is weak, and the critical bull-bear dividing line is 63,500. Once effectively broken, a new round of secondary bottoming will begin. The overall rhythm next week will be dominated by a rise followed by a fall and weak oscillations. In terms of operation, avoid chasing longs, avoid blindly bottom-fishing, and stick to the idea of a rebound facing resistance and looking for a correction. Long-term layout is as follows Gradual positioning in the 67,000–68,500 range for long-term accumulation Defense at 69,500, target at 63,500, and if $BTC broken, see 60,000

$SOL at $71, are you chasing it? First look at the surface: all positive news has been fully priced in, yet the price seems to be sleeping. In the past 7 days, SOL has only risen 4.3%-6.9%, 24-hour volatility less than 2%, bouncing around $71 repeatedly. Market cap is $41.1 billion, ranked fifth, but still 76% below its all-time high of $294. The candlestick chart tells you: the daily confirms a bullish structural change, the 4-hour broke through the downtrend channel, and is now rebounding after finding support in the $63-$68 range: the direction is set. First thing: RWA explosion, SOL is stealing ETH’s home. Tokenized assets on Solana have reached $2.95 billion, a new high, surpassing Ethereum. This is not a meme; this is real institutional money. SpaceX’s tokenized equity product is live, BlackRock and Franklin Templeton are pushing in, Moody’s directly integrated credit rating data into Solana for tokenized bonds. Second thing: ETFs are coming, Morgan Stanley has already taken action. Morgan Stanley officially submitted an application for a spot SOL ETF, with a fee rate of 0.14%, and plans to return staking yields to investors. This is not some fly-by-night firm; they manage trillions of dollars on Wall Street. Their actions involve months of due diligence and tens of millions in legal costs. When the ETF gets approved, it’s not the end for SOL—it’s the beginning. Third thing: Firedancer + Alpenglow, performance to reach a new dimension. Firedancer validator client aims for over one million TPS, Alpenglow consensus upgrade reduces final confirmation time to 150 milliseconds. Post-upgrade SOL will make other public chains look like dial-up internet. Performance + institutional adoption + RWA + ETF, quadruple buffs stacking up. Fourth thing: but there’s a warning you need to know. FTX bankruptcy assets still have a large amount of SOL that will unlock/sell around July. This is public information; the market has partially priced it in, but when the real dump happens, it will hurt. Major players might be waiting for this—waiting for panic selling to come out, then perfectly scoop it up. Bull vs bear, you decide. One side says: RWA assets $2.95 billion, surpassing ETH, a new high Morgan Stanley’s spot ETF application has been submitted Firedancer + Alpenglow double upgrades are on the way Weekly trading volume exceeds Coinbase, institutional funds flowing in continuously The other side says: FTX unlock pressure (around July) Macro hawkish stance, risk assets under pressure Still down 76% from ATH, huge trapped positions Trading sideways around $71, direction unclear Key levels: $71, watershed at $73.5 Resistance above: $73-$73.5 → $75-$78 → $100 (psychological level) Support below: $66.8-$68.5 → $63-$65 → $60 → $55-$58 Aggressive short-term traders: Buy in dips at $65-$68, stop-loss at $60. First target $73-$75, break above to $78+. Conservative short-term traders: Wait for volume to stabilize above $73.5 before chasing, trade on the right side, don’t gamble on the bottom. Mid-term dollar-cost averaging: Blindly build positions in the $60-$68 range. RWA + ETF + upgrade triple catalysts, target $100-$150. Long-term believers: SOL dropped from $294 to just over $60, a 76% decline. This level is more expensive than $38 in October 2023 but much cheaper than $294 in January 2025. How long are you willing to wait to buy? Total position size no more than 10-15%. Reduce if below $60, add back when stabilized. Keep cash before and after FTX unlock, waiting for a dump opportunity. SOL now is like ETH at the end of 2020— Everyone said “there are too many performance chains, SOL isn’t worth much,” but what happened? It went from $20 to $200. Wall Street won’t tell you to buy the dip; they’ll quietly buy it all and let you chase the high. $SOL #我的Gate交易时刻