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Where are the opportunities for BTC/ETH on June 13, 2025 at 9:49 AM?
On this night, 6.8 billion CNY, 188,801 people went bankrupt and reset to zero!
Today is a good day, waking up from a deep sleep, the market is a sea of corpses, and another big market trend is here. Some are happy, some are worried; without volatility, there are no opportunities. However, the result is often that when the volatility comes, the positions are gone. Recently, there have been repeated instances of skyrocketing and plummeting, yet those who get liquidated still haven't learned position management!
BTC attention
Support 100305/98500/96500
Pressure temporarily set at 107507/109465
The key point at this moment is 103055. If support is confirmed, it will sequentially seek pressure testing upwards!
ETH Attention
Support 2403/2343/2285/2215
Pressure temporarily set at 2585/2627-2665
The market is so crazy that I have been emphasizing to everyone these days that the order placement cannot be aggressive, and it must be conservative. The main reason is that the rise has been too one-sided, creating a vacuum area, and the decline can easily break through the vacuum area. With a blast from the Middle East, it directly fell back to the starting point of the rise in the past few days. Let's see if we can manage the positions. First, controlling positions will definitely prevent liquidation, while not controlling positions will certainly not survive an extreme market situation!
In operation: Extreme events lead to extreme market conditions. Historical data tells us that eventually, as the heat of the event subsides, losses will be recouped. When extreme events and extreme market conditions are highly correlated, the market will also track the crazy harvesting of liquidity. This is not a signal of a bull market, because independent market conditions are the real precursors of a bull market. In situations like this, whenever there is a sudden event, the crypto market will definitely react, which is certainly not a so-called sign of a bull market!
In the case of significant events having a greater impact, one can only focus on the indicators, ignoring all noise, and trade based on the long and short signals at key support and resistance levels!
#GateLive #GT