From a technical perspective, the lower part of the daily channel is bullish. The channel indicators show that the market has not broken below the channel but is running near the upper part of the daily channel. ETH is also near the upper part of the daily channel.
The big Bitcoin monthly line shows a downward pin, which is a sky-high surge. In June, the downward pin was at 103600; looking at the weekly line, there is a golden cross retracement followed by a rise. The buying opportunity is near the lower part of the daily channel.
ETH can also be judged for buying points, which is above 2456. If buying according to time, when Bitcoin hits the low, after a 36-hour adjustment, the buying opportunity is at 16:00 on June 1, 2025, with the low point at 2476. After 40 hours, at 20:00, the low point is 2465. This is a bullish line with a quick downward pin; if you don't place a limit order in advance, you won't be able to buy it.
This is a bullish outlook! The strategy is to take profits at the high and exit after the upward pin, then enter a rest period. The reference points for the upward pin are ETH at 3100-3000, and Bitcoin above 120,000 USD; after the upward pin appears, the market will enter a phase of topping followed by a retracement for correction.
