2025-06-09 Strategy

Bitcoin's daily line has undergone its first complex pullback since rising on April 9, receiving strong support at the 30-day line, with a serious tug-of-war between bulls and bears. Observing from the MACD, the downward momentum has not yet been released, and it is estimated that the upcoming market trend will see another round of decline before a second upward movement occurs. A situation resembling a roller coaster, falling from around 105500 to 101800 or even breaking new lows, is still expected, and everyone needs to be on high alert.

From a 30-minute perspective, the divergence caused by the third upward movement has been completed, and conditions are in place for a potential downward plunge at any time. Today, short positions should be the focus, and it is necessary to monitor whether the market shows signs of weakening momentum (after the third segment, watch for long opportunities).

Second resistance level: 108857

First resistance level: 106775

First support level: 103829

Second support level: 101439

Ethereum's daily line pullback has lasted too long, approaching 1 month, raising doubts about whether the main force has the ability to push upward. Currently, Ethereum is also supported by the EMA30, with the MACD showing no weakening of momentum, and a waterfall-like market is expected next. Coupled with the selling pressure of 170,000 coins from the Ethereum Foundation and negative events from international reviews, even if Bitcoin is set to reach a historical high next, Ethereum is still in a downward oscillation trend.

From a 30-minute perspective, this round of rebound in Ethereum has only exceeded 50% of the decline, showing extremely weak movement, and another plunge below 2380 is highly probable, with any upward movement largely relying on Bitcoin. Based on the current trend, Bitcoin's rise can only help Ethereum recover 50% of the decline, which is indeed a difficult situation to manage.

Second resistance level: 2585

First resistance level: 2550

First support level: 2467

Second support level: 2380