2025.6.12 8:08 AM BTC/ETH Market Analysis
That night, 2.2 billion CNY vanished, 105,927 people went bankrupt to zero, Bitcoin did not reach a new high, after two days of rallying it was firmly pressed down at 110,300. Ethereum surged to a new high of 2,878 in this rebound, then pulled back to touch 2,788, rebounding to 2,831, and another touch directly broke below 2,788, currently consolidating around 2,770. The bears for both Bitcoin and Ethereum finally made a symbolic effort, giving all bears some hope!
BTC Focus
Support 104,757/103,055/100,300
Resistance tentatively set at 110,500-112,000
The key point right now is how the range of 106,132-107,507-109,465 will oscillate and choose! If it pulls back on low volume, then small long positions can be taken; if the rebound is suppressed and then falls with increased volume, then small short positions can be taken!
ETH Focus
Support 2,515/2,403/2,343
Resistance tentatively set at 2,851
Let’s see if there is continuous demand to challenge 2,851 after today’s market stabilizes. If the rebound does not hold and falls with volume, aggressive shorts should focus on the 2,820-2,840 range!
Operations: Yesterday's aggressive positions can be exited in batches on the right side. Yesterday was a watershed moment for this week. In the next 10 days, there is not much data, except for the Federal Reserve's interest rate decision at 2:00 AM on the 19th, which is a major event! Moving forward, strictly execute the buy and sell points according to the indicators. While the fluctuations may be small without news, the certainty will increase, and thus the success rate will also rise!