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2025.6.10 8:08 AM BTC/ETH market analysis
With a single leap, I sensed that there would be a rebound on Monday evening, but I didn't expect BTC to rebound directly by over 5000 and ETH to rebound directly by over 200.
On this night, the market eliminated 2.7 billion CNY, with 93,463 people going bankrupt to zero, mainly due to some hard-headed shorts!
After 15 consecutive hours of gains, the market has now reached a relatively high position. Those who missed out are experiencing FOMO, but missing out on this wave is a given. No use in getting excited; just stay calm!
BTC attention
Support 104757/103055/100305
Pressure temporarily set at 112000
At this moment, Bitcoin is like a wild horse that has broken free, galloping 5,000 miles overnight. However, giving the new high options to the Asian main forces is a difficult task. The key levels right now are 107507/106132. After breaking through, there will be a pressure level turning into a support level, especially at 107507. It is important to see whether there will be a pullback during the day and how strong the pullback will be to better assess the continuation at high levels!
ETH Attention
Support 2585-2590/2542/2466
The pressure is tentatively set at the previous high of 2788.
The second pancake rides ahead, with a space for a wild surge of over 10% in one night, continuously breaking through the two ranges of 2585-2590/2627-2665 without looking back, leaving the market bears dumbfounded again. This proves once more that the upper hand cannot change the market trend; if you're wrong, you have to accept the loss. A real man knows how to correct his mistakes. Gritting your teeth and dragging on only leads to more suffering!
Operation: Under the strong strength of such bulls, the intraday high level of the light position can follow the trend of small space, and the market at the moment has no desire to take a heavy position! It is a good choice for the main force in Asia to wait for the main force of Europe and the United States to appear and harvest together, and the current trend is not empty at all, and it has been completely dominated by the bulls!
#GateLive #GT