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2025.6.4 10:02 AM BTC/ETH market analysis


On this night, 1.1 billion CNY was plundered, with 66,354 people going bankrupt. As June began, the market suddenly fell silent. From the amount of liquidation and the number of people involved, it is evident that market liquidity decreased by at least 60%. Last night's movement at 2640 immediately saw an increase in supply, greater selling pressure, and shorts taking action, with some shorting and some not at the 2640 line. The shorting opportunity in the early morning was at 2625, with a very weak rebound! The lowest retracement was at the 2570 line!
Basically, the fluctuation range is within our aggressive range points, suitable for those who watch the market closely and those who place orders cautiously. Such extreme compression market conditions are indeed more challenging, but don't panic; the secondary market is never short of opportunities. If you miss this one, seize the next chance. Don't be overly concerned!
BTC Attention
Support 103233/102403/98500
The pressure is temporarily set at 107100/110000
At this moment, the key points for BTC remain as the upper and lower bounds at 103055 and 107100, consistent with yesterday's key support and resistance levels. It has finally shown some decent fluctuations, no longer just the $300 volatility. Yesterday, all things considered, it moved a total of 6000 dollars with each swing ranging from 1500 to 2000 dollars. It's not a large range, but at least there is some room!
ETH attention
Support 2460-2480/2403/2343
The pressure is tentatively 2660/2700/2740
The radical point is still placed between 2540-2560, and the peeing market period in the early hours of this morning finally inserted a needle in the 2570 line, although the point is also a little worse, but there is no problem with the rhythm, continue to maintain the rhythm, miss it and wait for the next wave, the speed of the small space in the middle of the speed out of this, it is easier to operate by yourself, and it is unrealistic to not stare at the plate and want to formulate a dozen of this small space strategy in advance, so if you like high-frequency and ultra-short-term, you can cultivate this experience and operating habits, You can't change the ultra-short line to the short line, and finally turn into a liquidation in the middle line!
In terms of operation: it's still about seizing the opportunity when it arises, and waiting when it doesn't. Volatility means opportunity; without volatility, there are no opportunities. Just like what was mentioned yesterday, we wait for more opportunities to short when deep dips occur. Last night there was a chance to go short, but we missed the mark by just a few ticks!
#WCTC S7 报名开启# #GT#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Favorvip
· 06-05 23:49
Just go for it💪
Reply0
GateUser-e5c8021dvip
· 06-04 07:34
Hold on tight 💪
Reply0
BloomingInWaitingvip
· 06-04 06:52
Life needs a good mood, optimistic and uplifting. Wishing all the bosses sweet dreams and may all your wishes come true.
Reply0
JasonHongvip
· 06-04 02:46
Just go for it💪
Reply0
Joyfulvip
· 06-04 02:45
Steadfast HODL💎
Reply0
Ryakpandavip
· 06-04 02:41
Just go for it💪
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GateUser-c8cac84fvip
· 06-04 02:33
I buy it when $98.000
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TurnTheTablesvip
· 06-04 02:25
This year, Bitcoin reached a historic high of 110,000 USD each, which means that for the past 16 years, Bitcoin has not lost value for anyone, indicating that at any price you bought Bitcoin before today, you would have made a profit!
Reply0
GateUser-b2fde11bvip
· 06-04 02:24
Hold on tight 💪
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