June 12, 2025 Measurement
Bitcoin is currently showing divergence at the weekly level, and needs to break above 111959.5 at the daily level to form divergence. The current 4-hour level is in the second retracement wave of the divergence segment, expected to complete the market movement in 5 waves. This bull market is expected to end around 115000, after which a long bear market at the weekly level will begin. We are currently at the second peak of this bull market.
In terms of operation, at the 4-hour level, both the moving average at 107770 and the support level at 107000 have strong support, making it a good time to set long positions.
Today's operation suggestion: Buy the dip on Bitcoin before breaking the historical high of 111959.5, to welcome the final round of the upward market.
Second pressure: 111959.5
First pressure: 110138
First support: 107770
Second support: 107000
Ethereum reached a new high last night, currently showing daily divergence, and the 4-hour chart still needs to form a third divergence. It is currently undergoing a 30-minute retracement, expected to end this bull market around 2900.
In terms of operation, watch for the appearance of a bottom pattern at the 30-minute level. The moving average at 2718 and the support level at 2723 have strong support, which makes it a good time to try entering the market.
Today's operation suggestion: Keep a close eye on Bitcoin's breakout of the historical high, buy the dip, as the market will have one last upward round to complete the structure.
Second pressure: 2900
First pressure: 2879
First support: 2723
Second support: 2671