June 12, 2025 Bitcoin and Ethereum Market Analysis Sharing!

Fundamentals: The Monetary Authority of Singapore's warning against unlicensed crypto platforms has raised short-term concerns in the market. However, in the long run, the acceleration of the compliance process will improve market health, benefiting stablecoins and on-chain payment sectors. The tense situation in the Middle East has strengthened the hedging properties of crypto assets, while the Trump administration's extension of the tariff suspension signals a relaxation of trade policies, which helps to boost global risk appetite and provides liquidity support for the crypto market.

Technical Analysis: Bitcoin (BTC): The daily line closed in the red, but the upward momentum remains intact. The 7-day moving average continues to rise, and the technical gap has been filled. The 4-hour chart shows increased trading volume but no new highs in price, facing pressure at new highs. During the day, pay attention to the support levels at 1075-1065 and the resistance levels at 1095-1105.

Ethereum (ETH): The daily line has surged and then retreated into a correction, but the likelihood of a significant drop in the short term is low, maintaining a bullish wedge structure. The weekly chart indicates that the technical gap has been filled. If this week maintains a solid bullish candle, a breakthrough into the $3000 range is expected. The 4-hour chart shows that the support at 2740 is significant; during the day, focus on the support levels at 2740-2710 and the resistance levels at 2800-2830.

Altcoins: Overall, the correction magnitude is about 10%. Meme coins and those with significant gains are under severe pressure, and it is necessary to control retracement, operate in waves, decisively exit, and wait for the next opportunity.