Crypto Circle Li Ying: Bitcoin Volatility Intensifies on June 4, Short-term Surge May Be on the Way! Will Ethereum Continue to Rise if Support Holds? Latest Market Analysis
Crypto Circle Li Ying: Latest Bitcoin Market Analysis on June 4
Article Published on 2025.6.4----0:10
Current Bitcoin Price: 106700. Li Ying observes that market momentum is gradually strengthening but has not yet formed a sustained trend. K-line patterns, indicator analysis, and volume changes show that market sentiment is optimistic in the short term, with certain rebound momentum.
Li Ying believes the market is likely to continue its upward momentum. Aggressive traders are advised to make small, tentative purchases near the current price, targeting resistance near 112000, while setting dynamic stop-loss levels to observe subsequent volume and price changes. More conservative traders are advised to wait for a price breakout above the important resistance level of 112000 before increasing positions, confirming the trend before following it. From a technical perspective, the K-line pattern of Dark Cloud Cover is appearing near recent highs, which may indicate short-term pullback risks; however, the appearance of the bullish Three Soldiers pattern at the bottom suggests potential for further upward movements. In the short term, the bullish sentiment is more prominent, while the bearish sentiment is secondary.
Today's Reference Points:
Long Entry Point: 104500, Stop Loss: 104000, Stop Loss: 500 points, Target: 106500
Short Entry Point: 108000, Stop Loss: 109000, Stop Loss: 500 points, Target: 106500
Latest Ethereum Market Analysis
As of the time of writing, Ethereum's current price is 262. The market shows a trend of oscillation upward, with short-term bullish momentum strengthening. Therefore, Li Ying's short-term analysis indicates that the MACD indicator displays a golden cross pattern, and bullish momentum is gradually increasing, making it possible to expect further upward price movement in the short term. However, caution is needed regarding the pullback risks brought by the oscillation at the top, especially near the previous high of 2789, which may form strong resistance. Li Ying suggests that this stage is suitable for buying on dips, paying attention to short-term support levels. If the price breaks above the resistance level of 2789, one could consider increasing positions to respond to a new round of upward market activity. Li Ying reminds that if the price falls below the moving average support, it is necessary to decisively cut losses and wait for the price to stabilize before taking further action.
Short-term Trading Ideas Reference:
Long Entry Point: 2500, Stop Loss: 2450, Stop Loss: 30 points, Target: 2600
Short Entry Point: 2660, Stop Loss: 2700, Stop Loss: 30 points, Target: 2500
The above is a brief analysis by Li Ying regarding the current market situation, for investor reference. $BTC
