6.12 Intraday Market Analysis

I. Mainstream Coin Trends

56859157462 After a slight rise yesterday, it entered a correction phase. The 4-hour upward momentum needs to be repaired; however, the daily level adjustment has been completed, a golden cross has formed on the axis, the weekly trend is healthy, and the expected intraday trend is sideways consolidation. A correction of 1 - 2 days is anticipated, and after the adjustment, a challenge of new highs is expected; a new round of rising cycles can be anticipated;

92995449718 After synchronizing with BTC's rise, it has corrected and stabilized above 2700. The 4-hour chart still requires adjustment; pay attention to the 2700 support. The daily repair is complete, a golden cross has formed, and after the adjustment, it is expected to reach the resistance range of 3200 - 3300.

II. Altcoin Opportunities

The altcoin sector is rising with the mainstream, market sentiment is improving, and the altcoin index is not high. It is a good time to build positions under the stabilization of mainstream coins.

In the ETH track, pay attention to SSV, EIGEN, ETHFI, which can continue to be held; PENDLE has a good trend, and there are signs of activation on the daily chart that can be followed;

90698763835 Frequent activities allow for earning Alpha points, the MEME market is worth paying attention to; the on-chain ecology of SOL is heating up again, so it can also be noted, and those who are trapped in altcoins can wait for the market to warm up.

III. Primary Market & Operation Reference

The on-chain activity of SOL has decreased, focus more on BSC. After the GAS fee adjustment, trading volume surged, and activity increased. MEME may see a 'Golden Dog'; the new mining project BitEqual on BSC is gaining high popularity, and the community has already rushed to mine; you can keep up with the rhythm.

Intraday Operation: BTC support is looking at 107500 - 108000, resistance at 109500 - 110000; ETH support at 2700 - 2750, resistance at 2850 - 2900, plan your layouts according to support and resistance.