Where are the opportunities for BTC/ETH on Monday, June 16, 2025 at 9:33 AM?

Recently, the market has seen a continuous decline of altcoins, with recent cases of WCT, MASK followed by ZKJ/KOGE. Those trading altcoins recently need to be cautious; if this continues, the market sentiment will inevitably collapse!

Aside from BTC/ETH/SOL/LTC and other established mainstream coins which remain relatively strong, most new altcoins over the past two years have only seen declines!

Especially, SOL even pulled back against the trend yesterday!

Currently, BTC is in a narrow range of 104757-106132, oscillating for 3-4 days without choosing a direction. However, this period of sideways movement has repaired the BTC indicators. At this moment, there is even a need for a pullback on the 1h/2h levels!

Support at 103055/100300

Resistance at 107507/109465

The current pattern remains oscillatory, and on Monday, we mainly look at the strength of the squat!

ETH has been oscillating in a narrow range of 2500-2550 for 3-4 days, consistent with the big coin's trend. Sideways movement means no trading; be patient and wait for the squat!

Support at 2403/2343/2285

Resistance tentatively set at 2627-2665/2719

The key points at this moment are 2465-2485/2585, and the current trend still retains the demand for a pullback above 2585! The big coin still has a pullback demand for 107507!

In terms of operations: Just look for opportunities to go long during the squat; the market is currently in this state. After four days of sideways movement, the long liquidity has been seized; even if the indicators are repaired, there will be a pullback demand. So, just focus on going long during the squat. If there’s a spike with volume and a drop, a small short position can also be taken. This is the rhythm!

As Monday approaches, the market remains relatively quiet. After experiencing the surge in April, May has been in a consolidation phase, and a breakout is only a matter of time. Placing orders within the range is feasible!