Market Sharing and Discussion on June 11, 2025
BTC has shown strong support below the long lower shadow doji from last week's weekly closing, leading to a rapid rise in the market. Tuesday's daily closing also showed a long lower shadow doji; short-term traders can accumulate positions on dips and trade at the resistance and support levels on the 1-hour and 4-hour charts.
ETH has formed a doji for four consecutive weeks and has started to show bullish candlestick patterns this week. Everyone can start accumulating positions on dips, ensuring proper position planning and risk management before doing so.
SOL has maintained a trend consistent with BTC, running between the middle and upper bands for the sixth week. As long as it does not drop below the middle band, it will begin to take off. Everyone can start accumulating positions on dips, ensuring proper position planning and risk management before doing so.
Today is Wednesday, and we await the voting results on the stablecoin bill in the United States for further analysis.
Market Focus on Cryptocurrency Price Levels
$BTC : Focus Levels: 108331 and 110400
$ETH : Focus Levels: 2736 and 2834
Everyone can use this price range as a reference and set their own short-term trading price ranges accordingly.
Disclaimer:
This article is shared by BTB Research for reference only and does not constitute investment advice. The market carries risks; investment should be approached with caution, and profits and losses are the individual's responsibility.