6.30 ETH supply hourglass is running out! When will the whales ignite the countdown?
BTC started to show slight fluctuations in price yesterday, but by today it has mostly recovered. The key factor may still be the absorption of liquidity brought about by the rise in the US stock market. Overall, the trends of BTC and the US stock market remain highly correlated, and the market's battle has shifted from war back to tariffs. The tariff issues between the United States and Canada early this morning may be the main reason for stimulating market volatility.
Looking back at BTC's data, there isn't anything new. It has returned to a very low liquidity state; without war, there is actually less liquidity. The turnover rate in the last 24 hours has returned to a low point. Support is also very solid, with the best support still between $93,000 and $98,000. Additionally, the range between $100,500 and $105,000 is also continuously clearing. As it stands, as long as there are no systemic risks, the $100,000 position remains relatively stable.
Operational suggestion:
Short BTC at $108,000 - $108,500, targeting around $105,000 - $103,000. Stop loss at $109,500.
Short ETH at $2,470 - $2,520, targeting around $2,380 - $2,280. Stop loss at $2,600.