BTC:

2025.6.12.Thu
BTC yesterday reversed its downward trend during the day, suddenly spiking after the CPI data was released in the evening. However, "looking good for only three seconds" only touched the 110000 mark briefly, without reaching the peak from the day before. It then plummeted sharply overnight and retreated! Even now, it is still in this downward correction trend!
The above trend tells us that,
1. There is indeed pressure at the 110,000 integer mark above.
The price attempted to rally for the first time but temporarily failed!
The surge did not succeed, under pressure and above support, the market is adjusting, with ongoing battles between bulls and bears!
Therefore, intraday short-term traders can refer to the range oscillation (110000～107500)
Of course, it is not ruled out that the changes will continue to expand in this range during the day!
In addition, it needs to be explained that the current market has reached a key price position, and the pie is near 112000 and the ether is near 2830! Moreover, due to the recent purchase of a large number of Ethereum by institutions, the price amplitude is large, and the attention is often very high, and trend traders also need to consider the above information before adjusting their positions!
Thank you for your attention, we will continue to share!