2025.6.16.BTC.ETH.Daily Market Analysis
Today is Monday, the weekly change, the weekly line has formed a consolidation, there will be no major breakthroughs in the near future, short-term pressure can be observed around 108300, currently the pressure at the upper part of the small consolidation zone has been broken, this indicates that this rebound is not finished yet, two pressure points can be observed at 107000 and 108300, sell positions can be considered in this range, manage positions well, daily support at 105800. If in one hour the closing line falls below this position, it indicates that the small rebound has ended, buy positions can be exited or only slightly held, the market will continue to adjust downwards, the lower support targets are 104500, 103700, 102600.
Currently right near the pressure 2580, will soon break through, if it breaks through the next targets are 2600, 2645. In the condition of a small rebound that is not yet finished, selling position suggestions near 2645 for safety, daily support at 2565, 2550, 2535. If in one hour the closing line falls below 2550, buy positions can be exited, lower support targets can be seen at 2490, 2435.
