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Market analysis of BTC/ETH on June 12, 2025 at 08:08
Tonight, 2.2 billion CNY disappeared, 105,927 people went bankrupt to zero, BTC did not hit a new all-time high, attacking for 2 consecutive days but pressured by 110,300, ETH launched a new recovery with a new high at 2878, touching 2788 at midnight and bouncing back to 2831, once again touching and immediately falling below 2788, currently consolidating at the 2770 line, BTC and ETH finally symbolically gave a little energy, giving all short positions a glimmer of hope!
Attention BTC
Support 104757/103055/100300
Temporary pressure set at 110500-112000
Currently, the key point is how the fluctuations range between 106132-107507-109465! If there is a gradual decrease in volume, then you can take a small buy position; if the rebound is suppressed and the volume immediately increases downwards, then take a small sell position!
Attention ETH
Support 2515/2403/2343
Temporary pressure set at 2851
See if there is demand to continue attacking 2851 after the market stabilizes today; if the rebound is not accompanied by volume, aggressive traders should pay attention to the range of 2820-2840!
Operationally: Aggressive orders from yesterday can gradually be released from the right side, yesterday was a differentiating point for this week, in the next 10 days there is no important data in the market, there is only the Federal Reserve's interest rate decision at 2:00 AM on the 19th which is a major event! Next, just follow the buy and sell points according to the indicators, although fluctuations without news may be small, certainty will increase, thus the success rate will also increase!
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