June 5, 2025 Strategy

The structure of Bitcoin at the 4-hour level is not complete; it needs to drop below 103,000 for incremental funds to go long. Currently, at the 104,500 position, the main focus is on short positions. From a smaller time frame perspective, the 30-minute chart shows a deep V-shaped rise and fall, with both bulls and bears pushing the market very aggressively. In terms of timing, most of the selling happens during Asian hours, while the European and American events lead to buying, resulting in a balanced strength between both sides, causing significant impact during both rallies and sell-offs. After the market drops to 102,000, there will be strong support, and a large influx of long funds will enter, allowing for some profit following the funds.

Trading Advice: Go short above 103,000; after the structure completes, look for small level bottoming funds to enter and go long together.

Second Resistance Level: 106,880

First Resistance Level: 106,000

First Support Level: 103,600

Second Support Level: 102,200

For Ethereum, the bullish funds are very strong, pulling up during the early morning to complete a 4-hour upward move, and it is currently adjusting. After breaking 2,596, it will complete a three-wave downward movement and continue to rebound. Funds have already entered to go long, and the overall atmosphere for going long is quite enthusiastic. The small-level trend is relatively smooth, with strong control from the main force. Pay attention to the impact of Bitcoin's sell-off on Ethereum's resistance to decline. It is recommended to look for small-level divergence positions to enter below 2,596, which will provide a good risk-to-reward ratio.

Trading Advice: Wait for a break below 2,596 to form divergence, and the 4-hour level will begin the third upward segment. It will at least exceed 2,679.

Second Resistance Level: 2,653

First Resistance Level: 2,630

First Support Level: 2,594

Second Support Level: 2,593

Altcoins: OP and ADA have seen an influx of funds and are leading the charge; these two varieties can be prioritized for long positions. Other trends are relatively weak, with low efficiency in rising.