Forecasting the upcoming week: US inflation data takes center stage
It was a choppy week for the US Dollar (USD) Index (DXY). The Greenback tested six-week lows against a weighted basket of counter-currencies as trade wars, wobbly economic data, and geopolitical headlines weigh on the... $BTC #MarketPullback
Analysts are closely watching the $105,000ā$106,000 resistance band. A successful close above this range could open the door toward $110,000ā$115,000, where a cluster of supply and trendline resistance sits. However, failure to reclaim this range may keep the asset range-bound or push it lower into deeper support zones, potentially down to $100,000 or even $97,663, both of which represent historically significant accumulation zones from earlier this year.$BTC #TrumpVsMusk
Ethereum's price has shown resilience during the weekend session, maintaining levels above the critical $2,400 support zone. This stability follows a period of volatility earlier in the week, where ETH experienced a significant drop from the $2,745 resistance level, corresponding to the 0.5 Fibonacci retracement of the broader move from the $1,385 low to the $4,105 peak. The failure to break through this midpoint resulted in a cascading drop, bringing price action back into the $2,420ā$2,450 demand zone. $ETH
As of June 5, 2025, Ethereum (ETH) is trading at approximately $2,604.56, reflecting a modest decline of about 1.1% from the previous day. The day's trading has seen ETH fluctuate between an intraday high of $2,667.15 and a low of $2,594.21. #TrumpTariffs #BlackRockETHPurchase $ETH
Despite the short-term correction, analysts remain optimistic about Bitcoin's long-term trajectory. Projections suggest potential targets ranging from $120,000 to $125,000 by June 2025, with some forecasts extending to $150,000ā$200,000 by the end of the year. $BTC #TrumpTariffs #MyCOSTrade
Institutional interest in Ethereum appears to be growing, with significant ETF inflows reported, indicating sustained demand despite broader market uncertainties. Analysts suggest that if ETH can close above the $3,013 resistance level, it may trigger a rally toward $4,000. $ETH #BinanceAlphaAlert #CUDISBinanceTGE #FTXRefunds #CircleIPO
Ethereum has shown resilience over the past week, with technical indicators and institutional activities suggesting potential for further gains, contingent upon broader market conditions and successful navigation of key resistance levels. #BinanceAlphaAlert #TrumpMediaBitcoinTreasury #CircleIPO #MyCOSTrade $ETH
Bitcoin has faced a slight setback this week but continues to demonstrate robust performance in 2025, with investors closely monitoring market developments and potential catalysts that could influence its trajectory. #TrumpTariffs #BinanceAlphaAlert #TrumpMediaBitcoinTreasury #MyCOSTrade