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!

Bitcoin reaches 900Dai, Ethereum takes down 38DaiKong range, weekend small Hángqíng remains steady and secure. Trading art is not greedy, not entangled with trivial gains, when Hángqíng gives little, then calmly take little. Steadily grasp, relax and rest over the weekend, the market has already been securely locked in. #币圈  #美伊谈判推迟 #Gate现货交易量增幅全球第一 #SpaceX市值超越微软跻身全球前五 $BTC $ETH

Ethereum Price Outlook: Imminent Funding Crisis Could Put Ethereum at Risk Ethereum Price Today: $1,730 Ethereum faces the risk of losing top talent and falling behind if it fails to resolve the imminent ecosystem funding crisis. New legitimate leaders must emerge as the European Union continues on its path toward reduction. Ethereum is encountering several dense resistance ranges after falling below the $1,741 level. Ethereum developers may face a “slow-burning funding crisis” in the coming months following the depletion of the Ethereum Foundation (EF) treasury and the end of the Customer Incentive Program (CIP), according to Trent Van Epps, a former contributor to the Ethereum Foundation. In a post on X on Thursday, Van Epps, who coordinated core development and funding for Ethereum developers through the Protocol Guild from May 2021 to April 2026, said that $30 million per year is needed to maintain Ethereum’s ability to design and launch “industry-leading” features through its broad customer base and its research and coordination team. Van Epps wrote: “Compared with the shared resources produced by this funding today, and the project’s long-term ambition, this is a very small cost.” However, the absence of a strategic plan to continuously raise and allocate funding could destroy that capability. Van Epps noted that funding has already begun to run out after the Ethereum Fund’s decision to gradually cut annual spending from 15% to around 5% by 2030, after most of its resources had been exhausted to support the Ethereum ecosystem over the past decade. He also pointed out that the Customer Incentive Program (CIP), a four-year program that funded customer teams with storage-based rewards, ended in April, and that “it doesn’t seem like there’s an alternative coming.” The post said that the lack of ongoing funding could lead to the loss of expert talent, slower progress in addressing and scaling quantum computing challenges, and ultimately damage the reputation of the main network. It added that contributors may move to other projects or be psychologically affected by this issue. “I believe we underestimate the risks of this investment shortfall in continuity of stewardship. When symptoms show up within 12 to 18 months, it will be very difficult and extremely costly to repair the damage,” Van Epps said. “No matter your view on what the protocol will look like in 5 or 10 years (and continuity after that), there is a risk that it becomes an unfunded commitment. We shouldn’t accept this ambiguity.” The post also highlighted the Ethereum Foundation (EF) drive to reduce its role, noting that it plans to gradually diminish its importance in managing the Ethereum ecosystem. Van Epps identified key factors that stakeholders in the ecosystem need to discuss as new organizations may take on some of the Ethereum Foundation’s responsibilities. These factors include: “recognizing and effectively managing every resource of the interconnected network: software (EVM/clients), the network (Ethereum), and assets (ETH), [...] scalable, accountable, and neutral funding mechanisms [...] and pursuing broad-based adoption and celebrating it as an essential member: we should aim to create strong network resources for the broadest possible range of public beneficiaries.” This post coincides with the announcement of the departure of Co-Executive Director Xiao-Wei Wang from the Ethereum Foundation. This move follows a series of resignations by senior executives and prominent developers from the foundation in recent months. $ETH