【❗️June 11｜Analysis of the Volatile Market】
Overall, today’s trend appears strong, with BTC oscillating around 110,000 and already breaking through the previous resistance level. However, the pressure around 110,600 still remains quite obvious, and in the short term, a direct breakthrough will depend on volume support.
Structurally speaking, after this wave of increase, there may be a short-term pullback for confirmation, with a key support level around 107,800. If it holds, there will be another opportunity to push higher.
On the Ethereum side, the pace is more proactive than Bitcoin, showing strength after standing above 2,700. Today, it reached nearly 2,800 at its highest point, indicating an overall bullish trend. However, similar to BTC, the rapid short-term rise also requires adjustment. The 2,720-2,680 range is a significant support zone, and as long as it holds during the pullback, we can continue to look for a rebound.
