Crypto Market Early Update 2025.6.1 Happy Children's Day
Analysis of the market trends 🖥 Forecasting future trends
Analysis of Bitcoin and Ethereum price movements, wealth codes, long and short entry points…
BTC 4-hour K-line movement:
Resistance level: around 105149~106461
Support level: around 104162~102672
ETH 4-hour K-line movement:
Resistance level: around 2588~2649
Support level: around 2515~2475
Technical analysis:
1. Bitcoin's 4-hour cycle K-line has seen a volume reduction and decline (as of 7:01 AM ~ see screenshot), the 4-hour K-line is oscillating within the box channel, currently the volume performance is poor, please pay attention to the resistance level marked above, do not blindly chase high prices, consider making long positions or spot arrangements at the support levels marked in the screenshot;
2. Bitcoin's 1-hour to 6-hour cycle Gubi trend indicator resonates 🈳 head trend, short-term operations go long at highs; the 2-day line cycle KDJ indicator K-line has fallen below 80, friends with spot positions should take action to reduce their positions (including mainstream coins and altcoins);
3. Bitcoin's daily cycle MACD indicator shows a shapeless water pattern, indicating a demand for price 🈶 continuation of pullback, short-term operations go long at highs, once the price in the 15-minute and 30-minute small cycles retraces and rebounds to the double top or important neckline resistance level, it is the best opportunity to enter the 🈳 long position layout, also consider light position long entries at the important support level in the 1-hour price channel 🥰; (Please ensure you set stop-losses, buckle your seatbelt, and take protective measures for the three steps to resolve positions ~ there are teaching courses) {Contract Thinking};
Spot trading thinking: When the price retraces to the important support levels marked above, light positions can be placed for long entry {Spot Thinking};
Investment carries risks, and caution is required when entering the market; the above analysis is for reference only! Everyone can also consider making corresponding arrangements for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effects!
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