BTC rebounded last night after a high near 109000 and started to pull back, dropping more than three thousand points before rebounding again. This indicates that the strength of this rebound is not yet over. During the day, continue to pay attention to the four-hour level support around 107000. As long as this level is not broken, the market will continue to rebound and push higher. The rebound target resistance is 109000 and 110000. Long positions can reduce positions or exit at this resistance. Short positions can continue to try in this resistance range, controlling the position well. If it breaks below 107000 on a four-hour close during the day, it indicates the end of this rebound, and the market will continue to test lower support levels at 105800 and 104600.
Pay attention to the position of 2590 for Ether intraday. Whether it can hold steady at the hourly level. As long as the hourly close does not drop below this position again, the market will continue to rebound slightly, with target resistance at 2630 and 2680. Short positions can continue to be monitored around 2680, with a stop loss at 2700. Manage your position well. If the four-hour close drops below 2590 again, it indicates that this small-level rebound has ended, and the market will continue to make a second downward probe, with target supports at 2440 and 2380.
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2025.6.17 BTC Ether intraday analysis
BTC rebounded last night after a high near 109000 and started to pull back, dropping more than three thousand points before rebounding again. This indicates that the strength of this rebound is not yet over. During the day, continue to pay attention to the four-hour level support around 107000. As long as this level is not broken, the market will continue to rebound and push higher. The rebound target resistance is 109000 and 110000. Long positions can reduce positions or exit at this resistance. Short positions can continue to try in this resistance range, controlling the position well. If it breaks below 107000 on a four-hour close during the day, it indicates the end of this rebound, and the market will continue to test lower support levels at 105800 and 104600.
Pay attention to the position of 2590 for Ether intraday. Whether it can hold steady at the hourly level. As long as the hourly close does not drop below this position again, the market will continue to rebound slightly, with target resistance at 2630 and 2680. Short positions can continue to be monitored around 2680, with a stop loss at 2700. Manage your position well. If the four-hour close drops below 2590 again, it indicates that this small-level rebound has ended, and the market will continue to make a second downward probe, with target supports at 2440 and 2380.