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In-depth Analysis of the Cryptocurrency Market on June 11, 2025
Regarding BTC, after a precise rebound from 1083 yesterday, it surged over two thousand points, with the daily line closing with a long lower shadow and a bullish candle. The 7-day moving average is extending upward in a golden cross, indicating a strong upward trend in the technical aspect. Although the pullback is limited, the upward momentum has somewhat converged, and we need to wait for further moving average support to push the price towards the target zone of 113-115. The 4-hour chart shows a healthy adjustment in the last 24 hours, with strong support at the 108 level. Day trading suggestions recommend low buying around the 109-108 support level, while the upper pressure levels to watch are 111-112.
Regarding ETH, the daily line has continuously closed with solid bullish candles, and the market quickly surged at the beginning of the rally, but caution is needed regarding selling pressure at the 3050 level. It is expected that the future gains will narrow, with the K-line center slowly rising, targeting 3350-3400. The 4-hour chart shows a fluctuating upward trend, with a significant adjustment range and higher short-term trading risks. It is advised to rely on the 2760-2720 support level for buying on dips, with the upper pressure levels to focus on being 2860-2900.
As for altcoins, the sector rotation effect is significant, with the staking sector JTO leading the charge and worth ongoing attention. The expected launch of smart wallets is likely to strengthen the SEX sector, with UNI having surged by 30%, making SUSHI in the same sector particularly noteworthy. Additionally, the Uniswap wallet has a default integration of the L2 network, and coins from L2 scaling sectors like ARB and OP also present potential opportunities.
