🔍 Crypto Market Analysis (6/11): Bitcoin Breaks Down – Ethereum Maintains Stability
The crypto market on 6/11/2025 is experiencing a significant decline. BTC briefly recovered to 103,000 USD but remains pessimistic; total market capitalization has decreased by 11%, and the Fear Index is at 27.
1️⃣ Causes
Macroeconomic crisis: The U.S. government has been shut down for 36 days – the longest in history.
Whales & LTH have taken strong profits.
Divergence: Ethereum remains stable while altcoins plummet.
2️⃣ U.S. “Shuts Down,” Market Loses Direction
Economic data is halted, investment funds are “flying blind” and pulling out of crypto.
However, in 2019 BTC rose by 300% after the U.S. reopened. Currently, there are 7.3 billion USD stablecoins waiting to be allocated.
3️⃣ Bitcoin Breaks Down
BTC has broken through 98,932 USD, resistance at 107,000, support at 95,000 USD.
Whales sold over 1 million BTC (≈45 billion USD), ETF is stagnant → a phase of “smart distribution.”
4️⃣ Altcoin & Derivatives
Liquidation of 20 billion USD has caused traders to reduce leverage.
Altcoins are “bleeding”: SOL -20%, XRP -17%, SUI & EIGEN -30% → liquidity is drying up.
🌟 Ethereum Maintains Stability
ETH has slightly increased by 1.45%, attracting ETF capital, derivatives surpass BTC, DeFi & Layer-2 are growing → gradually separating from Bitcoin's trajectory.
5️⃣ Outlook
Short-term: Selling pressure and fear remain high.
Medium-term: Large stablecoins are waiting to be allocated, a recovery of 10–15% is possible if the U.S. reopens soon.
If the deadlock continues, BTC could fall to 95,000–80,000 USD.
