Cryptocurrency market analysis: Bitcoin and Ethereum operation plan for June 13! Tensions in the Middle East! The decline is not yet over; pay attention to bottom-fishing opportunities.
From a larger timeframe perspective, the 110,000 resistance level we anchored two days ago was very accurate. The red line below is the bottom line used for bottom-fishing on June 5; we need to pay attention to the possibility of touching it again. Today, we can continue to short on rallies, but we can't chase shorts anymore. If it drops to a critical level, there may be a rapid rebound. The 100,000 level remains an important bullish defense level.
