2025.6.3 8:10 AM BTC/ETH Market Analysis
On Monday, Bitcoin and Ethereum quietly tested upward in succession, nurturing shorts for three days, and directly cleaned out the positions. At this moment, Bitcoin is advancing towards 107100, and Ethereum even stood back at 2585. After a night’s sleep, the shorts did not exert force in the early morning, but instead, the bulls took control!
BTC Focus
Support 103233/102403/98500
Resistance tentatively set at 107100/110000
At this moment, the key points for Bitcoin are 103055 and 107100 as upper and lower tracks, consistent with yesterday's key support and resistance levels. Many people expected a sharp drop to touch 100,000, but it did not happen. Those who chased shorts without considering the pattern and indicators last night are now facing a surge!
ETH Focus
Support 2460-2480/2403/2343
Resistance tentatively set at 2660/2700/2740
At this moment, Ethereum directly broke through 2585 without any significant volume escaping last night. When everyone thought this wave of the market was finally going to pull back, I saw that most people were eagerly shorting at 2515/2525. The thought given in the early morning was to reduce volume and pull back to long for a second charge and a double top forming at 2540. If it breaks through, do not short; if it breaks through, we need to see the next resistance level in the 2585-2620 range!
At this moment, those who placed long orders between 18:00-19:45 last night and those who longed after the pullback in the early morning are making money. There were no conditions for shorting, so no shorts were placed; thus, it is profitable now! Those who had pending orders yesterday missed the chance to enter!
In terms of operations: just take the opportunity to act in batches. After entering the first position, allow 1-2 chances for additional entries, and the current market is basically very stable!
