June 10 Market Analysis 🚀🚀🚀
Yesterday BTC maintained its upward trend, with significant gains in the early morning. A short-term correction is needed on the 4-hour chart to prepare for further increases. The daily chart is nearing completion of its adjustment, with a golden cross forming on the axis, indicating that a new round of increases is likely to start. The weekly trend remains healthy, so pay close attention to fundamental information, the Federal Reserve's interest rate cut process, and expectations of a slight correction before continuing upward
The second coin follows BTC and rises synchronously, once again touching the 2700 resistance level. Watch for breakthrough conditions, as the daily chart is nearing completion of its correction and a new round of increases is likely to start
BTC has entered the overbought zone on the 1-hour and 4-hour charts, while the daily chart has returned to a healthy range. Expectations for the day are a slight correction followed by a continued increase
Intraday support 108700-107700📈
Upper resistance 112300-112800📉
ETH has entered the overbought zone on the 1-hour and 4-hour charts, while the daily chart has returned to a healthy range. Expectations for the day are a slight correction followed by a continued increase
Intraday support 2615-2575📈
Upper resistance 2755-2785📉
