June 11th Evening Inventory Analysis:

Good evening, brothers! Today, Bitcoin has been oscillating up and down within the 4-hour horizontal range. In the night market, we will focus on the bottom and top of this horizontal range. If a breakout is not achieved, the smaller time frame movements are likely to continue small fluctuations within this range.

In contrast, Ethereum has shown relatively strong performance, with the recent resurgence of the 'E family army'. Unfortunately, Qianshan has always favored Bitcoin bulls and has not ventured into Ethereum trading. We hope that Ethereum can drive a surge in various altcoins, helping everyone recover their investments in spot trading.

Regarding the subsequent movements of Ethereum, the key resistance level above is at 2920. Only with a strong daily close above this level can we expect a further push towards 3000 points. If the breakout is successful, the medium to long-term targets can be set towards the 3400 - 3500 range. However, it is important to clarify that reaching these targets will not happen overnight, and there will be several resistance levels along the way. Therefore, a reminder to everyone: do not blindly chase high prices (FOMO). Setting targets is one thing; achieving them is influenced by various factors. Overall, in terms of trading strategy, we still recommend primarily going long on pullbacks.

Bitcoin resistance levels

111300, 111900

Bitcoin support levels

109000, 108200, 106800

Ethereum resistance levels

2880, 2920, 2950

Ethereum support levels

2795, 2755, 2727

Solana resistance levels

168, 171, 173

Solana support levels

163, 160, 175$BTC