"Crypto Market Poised for Breakout as Bitcoin Eyes New Highs and Ethereum Approaches $3K"

$BTC $ETH As of June 11, 2025, here’s a concise analysis of the next likely move in the crypto market, especially Bitcoin and Ethereum:

🔥 Market Sentiment: Cautiously Bullish

Bitcoin (BTC) is near $110,000, just below its all-time high.

Ethereum (ETH) is trading around $2,765, recently hitting a 15-week high.

Institutional inflows remain strong due to spot Bitcoin and Ethereum ETFs.

📊 Next Likely Moves

ScenarioMarket ReactionU.S. Inflation cools (CPI data)🚀 BTC likely breaks ATH, ETH targets $3,000+Macro data is mixed↔ Sideways action or small pullbacks (3–7%)Regulatory clarity improves📈 Boost to investor confidence and flowsNegative news (e.g. Fed tightening)🔻 Short-term correction likely

📌 Key Resistance & Support

BTC Resistance: $112k, then $120k

ETH Resistance: $2,835, then $3,200

BTC Support: $104k–105k

ETH Support: $2,600

📈 Forecast Summary

Analysts are leaning bullish for the next 2–4 weeks, targeting:

BTC: $115k–120k

ETH: $2,950–3,200

But short-term volatility is expected due to upcoming economic data (CPI, Fed decision).

Bottom Line:

Crypto is at a critical breakout point. If inflation data is favorable and no major negative news breaks, expect an upside push. Otherwise, it may consolidate or pull back slightly.