#CryptoCharts101
Crypto Market Snapshot – June 8, 2025 🔥
📊 Bitcoin (BTC)
BTC is currently trading at $106,004, holding firm above the key $105K support. A clean break above $106K could open the door to more upside, though short-term resistance is still in play. ETF inflows and a favorable macro backdrop are fueling the bullish outlook.
📉 Ethereum (ETH)
ETH is trading around $2,517, consolidating after recent gains. With nearly $750M in institutional inflows, growing Layer-2 adoption, and strong on-chain metrics, ETH looks poised for a breakout above $2,540.
📌 Market Catalysts:
• 🏦 Rising institutional appetite for BTC and ETH ETFs
• 📈 Positive correlation with traditional markets
• 📜 UK’s FCA may soon lift retail ETN restrictions
• 🚀 Gemini files for a US IPO – major institutional confidence boost
• ⚠️ RBI remains cautious, keeping tight regulations in place
📈 Key Levels to Watch:
• BTC: $105K support | $106K–$107K resistance
• ETH: $2,500 support | $2,540–$2,560 resistance
📣 Trading Tips:
• Short-term: Use tight stop-losses near resistance zones
• Long-term: Institutional momentum + regulatory shifts may fuel the next bull leg
💬 What’s your move today? Share your charts below ⬇️
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