Based on the market conditions and dynamics as of June 11, it is speculated that the trends of BTC and ETH on the 12th may exhibit the following characteristics:

For BTC: On the 11th, BTC fluctuated in the range of $108,000 - $110,000, closing with a Doji candlestick and a weakening bullish momentum in the MACD. However, the weekly KDJ indicating overbought conditions shows that medium-term support still exists. On the 12th, attention should be paid to whether the key resistance level of $111,500 can be broken. If it holds, it may rise to $113,800; if it retraces, the important support zone is $107,000 - $108,000, with institutional funds continuing to flow in or limiting the downside. In the short term, high-level fluctuations may continue, and caution should be taken against profit-taking by bulls after favorable CPI data.

For ETH: On the 11th, ETH strongly broke through $2800, but the 4-hour RSI is overbought (70+), and trading volume is weakening, indicating a need for a technical pullback, with support levels to watch at $2733 - $2760. Whales have placed short positions around the liquidation price of $2930, which may create short-term pressure. If this is broken, it may challenge the psychological level of $3000. The staking volume of ETH and the inflow of ETF funds (daily at $125 million) provide long-term support, but caution is needed for the risk of a pullback triggered by short-term overbought conditions.

Overall trend: BTC and ETH are in a tug of war between macro favorable conditions (interest rate cut expectations) and the need for technical adjustments. On the 12th, divergence may continue, with BTC consolidating and ETH attempting to break through but needing to verify volume support. It is recommended to pay attention to the breakout of key support/resistance levels and avoid chasing highs. $BTC #BTC走势分析