Market Sharing and Discussion on June 6, 2025

Last night, due to an event, BTC dropped to 100372, reaching the middle track position of the candlestick. Since it stood on the middle track on April 21, 2025, it has been running between the middle track and the upper track for more than a month. Today, it rebounded around 3000 points to approximately 103600. Tonight there is non-farm data; we will first observe the data situation and the market over the weekend. On Monday, after waiting for the gap to close, we can determine the direction and then initiate trading plans.

Today, I made short-term trades in SOL and ETH. When the market is declining, short-term trading should focus on more stable coins, and make sure to set take-profit and stop-loss levels to protect your positions.

When I shared with you yesterday, I advised everyone to defend, but I didn't expect it to come so quickly. The defense points yesterday were between 102000 and 98000. The 102000 position is very critical in recent times. Yesterday, it dropped directly to 100372 and today it returned to 103600, indicating that the market makers are still strong in defending around the points of 98000 and 102000. As long as the candlestick does not stabilize on the middle track, we should still engage in short-term trading because as long as BTC declines, everything else will follow.

I suggest everyone to maintain defense in the coming days, and it is best to engage in short-term trading, earning and exiting. As long as BTC cannot stabilize downward, all other coins will be dragged down. In short-term trading, ensure to set take-profit and stop-loss levels and plan your positions accordingly.

Market Point Sharing

$BTC : Upper: 105909 Lower: 100372

$ETH : Upper: 2640 Lower: 2381

$SOL : Upper: 154 Lower: 141

#BNB: Upper: 659 Lower: 625

Disclaimer: This sharing is for reference only and does not constitute investment advice. The market has risks, and investment should be cautious, with profits and losses borne by the investor.