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2025.6.11 9:08 AM BTC/ETH market analysis
This night eliminated 2.5 billion CNY, leaving 100,378 people bankrupt to zero! Last night we went long at the 2685 line, and in the early morning we shorted at the second touch of the 2800 line. At this moment, reviewing the K-line, those who watched last night's livestream know that we were looking for opportunities to long between 2685-2700, but we missed the target by 2 dollars. The short position definitely had opportunities, so those who stayed up late and didn't trade this night stayed up for nothing!
BTC attention
Support 107507/106132/104757/103055
Pressure temporarily set at 112000
The key level at this moment is 109465, just pay attention to the gains and losses at this level!
ETH Attention
Support 2627-2665/2585/2542/2466
Pressure temporarily set at 2851
We are just one step away from the long-term point of 2851. We have talked about this countless times before. After stabilizing at the long-term point of 2403, 2851 became the next target. Although it is late, it has arrived. Isn't it just a matter of a little shiver now?
In operation: a resistance level that turns into support means we should look for opportunities to go long after a pullback; breaking below a support level that turns into resistance means we should look for opportunities to go short when there is a rebound that is suppressed! First, you need to understand the basic logic of long and short positions!
Don't complicate things too much for yourself; what suits you is the best!