🚀 Crypto Weekly Outlook (May 31 – June 6, 2025)

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🔍 Market Recap (May 24–30):

#Bitcoin (BTC/USDT):

Closed the week around $104,000 after testing $110K–$112K resistance.

Quick pullback to $100K support on profit-taking.

#Ethereum (ETH/USDT):

Bounced from $2,300 to consolidate near $2,550.

Brief rejection at $2,700, signaling a battle between bulls & bears.

Altcoins:

#BNB showed strength around $360 after positive network updates.

#SOL and #AVAX struggled under overhead resistance, forming lower highs.

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📈 Key Levels to Watch This Week:

Bitcoin (BTC):

🟢 Support: $100,000 (major psychological + short-term demand)

🟢 Strong Zone: $92,000–$94,000 (longer-term accumulation)

🔴 Resistance: $110,000–$112,000 (weekly supply)

🔴 Bull Breakout Level: $115,000 (new all-time high attempt)

Ethereum (ETH):

🟢 Support: $2,500 (local pivot & demand)

🟢 Key Zone: $2,300–$2,350 (bounce region)

🔴 Resistance: $2,700–$2,750 (supply cluster)

🔴 Bull Target: $3,000 (major psychological)

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🔮 Upcoming Catalysts (June 1–7):

📊 June 3 – US Nonfarm Payrolls (NFP):

Higher-than-expected jobs data → dollar strength, may pressure BTC/ETH.

Weaker jobs data → risk-on environment, altcoins could rally.

🏛️ June 5 – FOMC Minutes:

Clues on Fed stance; dovish tone could fuel crypto rally.

💸 Bitcoin ETF Inflows:

Monitor daily filings for fresh institutional demand.

🐋 On-chain Whale Activity:

Large BTC transfers to exchanges → possible sell pressure.

Significant ETH moves → watch for staking or DeFi deployments.

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🔥 Sentiment & Strategy:

Short-Term: Mixed—BTC needs to reclaim $104K–$105K to stay bullish; ETH must hold $2,500.

Mid-Term: Bullish bias remains intact as long as prices stay above their weekly supports.

Watch For:

1. Break of $100K (BTC) → deeper correction to $92K.

2. Reclaim $110K (BTC) → next leg toward $115K+.

3. Failure at $2,700 (ETH) → likely drop to $2,300.

4. Hold above $2,550 (ETH) → potential rally to