$BTC $ ETH 6/3 Will the altcoins be kinder to us in June?
🚩Yesterday's News
🟠Market News: The Bank of Russia plans to launch Bitcoin derivatives and structured bonds
🟠The Ethereum Foundation announces the reorganization of its R&D team and layoffs, focusing on network expansion and user experience
🟠Chinese company Weiba International announces the establishment of a $300 million XRP strategic reserve
🚩Yesterday's Market:
Bitcoin: Lowest point 103642 Highest point: 105917 Range 2183 points
Ethereum: Lowest point 2476 Highest point: 2615 Range 140 points
Yesterday's Summary: Ethereum fell back into the consolidation zone.
🚩Today's Market:
Ethereum: Ethereum has fallen below the consolidation zone at 2480, finding support, and the probability of a true breakthrough is increasing, still holding positions.
4H support level: 2480 4H resistance level: 2660
Bitcoin: Bitcoin has short-term entered a bullish market, but the medium to long-term is still mainly bearish or consolidating.
4H support level: 103974 4H resistance level: 107000
🟠Summary: Ethereum continues to oscillate within the range of 2500-2680, but
is much stronger than Bitcoin. Bitcoin is in a short-term rebound while the medium-term remains bearish or consolidating, waiting for Ethereum to stabilize at 2700 before fully engaging in altcoins.