Crypto Market Early Updates 2025.6.10 Tuesday 2️⃣
Market Analysis 🖥 Forecasting Future Trends
Bitcoin and Ethereum Trend Analysis, Wealth Secrets, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: Around 111577~113816
Support Level: Around 109260~107668
ETH 4-hour K-line Trend:
Resistance Level: Around 2680~2732
Support Level: Around 2616~2556
Technical Analysis:
1. Bitcoin's 4-hour K-line has increased in volume (as of 6:55 AM ~ see screenshot), after breaking through the important neck line at 106767, it has been on an upward trend. It is currently consolidating near a double top formation. Please pay attention to the marked resistance level above, and do not blindly chase high prices. At the support level marked in the screenshot, you may consider entering long positions or spot trading;
2. In the daily timeframe, the major, medium, and small cycle trend indicators for Bitcoin are in a bullish resonance pattern, with short-term operations looking to buy on dips (one-sided upward trend);
3. The KDJ indicators for Bitcoin in the 1-hour to 12-hour cycles are running in an overbought and stagnated upward space. Subsequent prices are expected to rise, with short-term operations looking to buy on dips. If the price in the 15-minute or 30-minute small cycles retraces to the EMA60 moving average, double bottom, or important neck line support level, it will be the best opportunity to enter long positions 🥰; (Please remember to set your stop-loss and take precautions with the three strategies for exit ~ there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price retraces to the important support levels marked above, you can consider entering long positions with light positions {Spot Thinking};
Investment carries risks, and market entry should be cautious. The above analysis is for reference only! You can also make corresponding allocations for mainstream coins, alternative coins, and altcoins based on Bitcoin's correlation effects!
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