Coin Circle Li Ying: June 17th, will there be a surge or a crash? The prospects for Ethereum are bright, why are investors still hesitant? Latest market analysis

Coin Circle Li Ying: Latest market analysis for Bitcoin on June 17th

Article publication time: June 17, 2025 – 00:10

Current price of Bitcoin is 107,700, the current trend is upward and Li Ying will not elaborate further, just looking at the short term, the price is oscillating in the range of 107,000-108,000, accompanied by the appearance of a 'red three soldiers' pattern, indicating significant bullish momentum in the market. Currently, various technical indicators show an overall bullish bias, but attention should be paid to the resistance at the upper Bollinger Band at 107,550 and the risk of adjustment after the price has not broken through the resistance. Therefore, Li Ying suggests that during the upward oscillation phase, one can consider entering with a light position to follow the trend, but it is recommended to enter in batches to control risk. The target for long positions can be set near 107,550; if it breaks through, one can attempt to chase above 110,000. If the price falls below the support at 106,880.20, it is necessary to cut losses or adjust positions in a timely manner to avoid risk. At the same time, pay attention to changes in trading volume and indicator signals to adjust strategies in a timely manner.

Today's Li Ying point prediction

Long entry point: 106,000, add on 105,000, stop at 500 points, target 108,000

Short entry point: 109,000, add on 109,500, stop at 500 points, target 107,500

Ethereum analysis

Current price of Ethereum is 2,640, Li Ying finds that Ethereum is also in an upward oscillation process, so directly looking at the short-term market has rebound space, but the TD9 signal and recent K-line high position oscillation pattern indicate that the rebound may be nearing its end. In the short term, it may test the previous resistance level of the upper Bollinger Band at 2,651 or the previous high of 2,880, but be cautious of the risk of a pullback. Therefore, Li Ying recommends taking small long positions on dips before the rebound momentum ends; if trading volume can effectively increase and break through the previous high of 2,880, one can continue to hold or follow the upward trend. However, due to the risk indicated by the TD indicator, it is necessary to have a profit-taking and stop-loss plan, and it is advisable to use the main support level near MA7 as the stop-loss position.

Today's latest point reference

Long entry point: 2,600, add on 2,550, stop at 30 points, target 2,700

Short entry point: 2,680, add on 2,720, stop at 30 points, target 2,550

The above analysis by Li Ying is based on market data and trend analysis of the market and does not constitute investment advice. For reference only.