As always, at the beginning of the week, we summarize and analyze the crypto market.

🕒 The last review was on May 19, in which I said that there were interesting areas for trading on Bitcoin from the boundaries of the sideways movement, there was an excellent entry point, and the price gave about 8% with a breakout.

For Ethereum, I mentioned strong resistance at 2800, where the price is still trading with minimal volatility.

Liquidation map:

It is important to understand the important liquidation zones where price movement may accelerate.

BTC is at 102K on the bottom and 108K on the top.

ETH is 2.43K at the bottom and 2.65K at the top.

💼 ETF market:

There was increased interest in Ethereum among funds.

Bitcoin ETF net flow for June 2–6: -131.60 million USD

Ethereum ETF net flow for June 2–6: +281.30 million USD

⛓️ On-chain metrics:

The Bitcoin network saw a continued outflow from CEX exchanges, while the Ethereum network

Open interest in Ethereum derivatives is also more stable, which indicates some consolidation and preparation for a strong movement.

🌐 Macroeconomics:

The ongoing tariff wars between China and the US are causing capital to become nervous and buy defensive assets.

🧮 Statistics

This week, attention will be focused on Wednesday's CPI data and Thursday's PPI data and unemployment figures.

⚡ Crypto Metrics

The M2 global liquidity index is showing a rebound, increasing the total amount of money in the system, with crypto assets Bitcoin and Ether following suit with a certain time lag. Therefore, we may be in for a good time for the crypto market ahead.

💡 Forecast:

$BTC :

The price has broken through the downtrend, and with the formation of a higher low, we can expect continued growth, with the main resistance zones at 108 and 110K. Key support is at 100K.

$ETH :

The price is still trading sideways, and if it breaks through the upper boundary, there is a good chance of seeing strong growth. Resistance is at 2750-2800, and key support is at 2350.