2025.6.11 Market Analysis and Trading Ideas for Bitcoin ($BTC) and Ethereum ($ETH)
1. Market Analysis
① BTC is currently in a double top pullback on the 4-hour chart, with support at 109500. If it does not break below this level, it will likely continue to rebound. If it breaks below, pay attention to the support near 108500. On the upside, the resistance is around 110500. If it breaks through, there is a possibility of reaching a new high.
② After reaching a new high, ETH has started to pull back, with support around 2760. If it breaks below this level, watch for support near 2730. On the upside, attention should be on 2800. If it breaks above and holds above 2800, it is highly likely to make another surge.
2. Trading Ideas
① A short position can be initiated near 110500 for BTC, with a plan for two additional buy-ins.
② A short position can be initiated near 2830 for ETH, with a plan for two additional buy-ins.
The market is quite volatile, so it is essential to strictly execute profit-taking and stop-loss strategies during trading.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.