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2025.6.11 9:08 AM BTC/ETH market analysis
This night wiped out 2.5 billion CNY, 100,378 people went bankrupt to zero! Last night we went long at the 2685 line, and at dawn we shorted again at the 2800 line. At this moment, reviewing the K-line, those who watched the live broadcast last night know that we were looking for opportunities to go long between 2685-2700. The point difference was 2 dollars and did not hit, but there was definitely a chance for the short position, so those who stayed up late and did not trade this night stayed up for nothing!
BTC Attention
Support 107507/106132/104757/103055
Pressure temporarily set at 112000
The key point at this moment is 109465, just pay attention to the gains and losses at this point!
ETH Attention
Support 2627-2665/2585/2542/2466
Pressure temporarily set at 2851
We are just one step away from the 2851 point, which is a ten-thousand-year level. We have discussed this countless times before. After stabilizing at the 2403 ten-thousand-year level, 2851 is the next target. Though it may be late, it has arrived. Aren't we just a shiver away?
In operation: a resistance level becomes support when it is broken through, so you need to look for buying opportunities on the pullbacks; if a support level is broken, it becomes resistance, and you can find shorting opportunities when the price is suppressed on the rebound! First, you need to understand the basic logic of long and short positions!
Don't complicate things too much for yourself; what's suitable for you is the best!
#GateLive# #GT#