June 10 Morning BTC/ETH Analysis:
There are mountains beyond mountains, with a single order in hand, there’s no worry!
This morning, Bitcoin strongly broke through three resistance levels, reaching a high of 1107. The reasons for this rise are twofold: first, yesterday the Tron network issued 1 billion USDT, and second, the Sino-U.S. trade negotiation talks. In fact, I mentioned yesterday afternoon that the talks are an absolute positive, as both parties are eager to open trade circulation and stimulate economic recovery. Early this morning, Trump stated that the Sino-U.S. talks were very pleasant and that they are considering lifting export restrictions!
Currently, after Bitcoin's surge, the retracement is small, indicating a brief consolidation period. This round of upward momentum has not peaked yet. During the day, pay attention to the key level at 1096; if it breaks on an hourly basis, it may lead to a deeper pullback in the next range, with resistance above at 1107-1119.
BTC: Trading around 1091-1097, defend at 700 points, target 1107-1132.
Ethereum’s recent rise can be said to have peaked; yesterday it gained nearly 200 points. The pace of catching up has exceeded expectations, and overall it is still in an upward trend. During the day, pay attention to the level of 2650; if it doesn’t break on a four-hour level, the upward trend will continue, with resistance above at 2687-2725.
ETH: Trading around 2653-2664, defend at 35 points, target 2725-2788.
This round of increase is heavily influenced by news events; closely monitor the Sino-U.S. trade talks and maintain good defense!
Pay attention to Liu Bei, like first then watch, earn over 10,000 U!
