6.17 Market Trend Sharing:
📉 BTC and ETH still look bullish in the medium to long term, but after 7 weeks of consecutive gains, the pullback continues.
🔹 Resistance Zone: 108600-112000, may continue to test in the short term
🔹 Support Zone: Around 100,000, extreme pullback may reach 90,000, hard to break
🔹 Chips are tending towards balance, short-term market is oscillating, the drama of 'washing longs before washing shorts' is still being played out…
🧊 Why hasn’t the Ethereum ETF price increased despite continuous net inflows?
Only two possibilities:
1⃣ Data manipulation
2⃣ Whales secretly offloading
🔥 Quick Market Highlights:
1. MakerDAO's lending platform Spark Protocol (SPK) has launched BN
2. TRX plans to list on the US stock market, holding 28% of the stablecoin market, driving related concept stocks SRM to surge
3. The contract platform Hype has reached a new high, with a market value of 45 billion, accounting for 85%, with astonishing fees
4. Small coins Magic, Alt, and Haedal have risen due to expectations of new listings
5. Meme platform Pump.fun has already reached a pre-market value of 7 billion!
