June 11 BTC/ETH Market Evening Report -- Tensions Rise in US-Iran Geopolitical Situation, Market Once Again Significantly Suppressed

Tonight, Trump threatened to carry out larger-scale bombings on Iran, while Iran responded firmly, promising more painful counterattacks. The conflict between the two sharply escalated. This extreme uncertainty could lead to a broad asset sell-off, suppressing Bitcoin's rise. Additionally, with the Bank of Japan's upcoming monetary policy meeting, market consensus has shifted towards a 25 basis point rate hike, which will influence market sentiment. Resistance levels remain difficult to break through!

Currently, the 30-day moving average trading volume of the US spot Bitcoin ETF has fallen to $960 million per day, down 78% from $4.4 billion per day in October 2025. The continuous decline in trading volume directly reflects a significant slowdown in market participation enthusiasm and new capital inflows, weakening Bitcoin's key buying support, often leading to downward pressure on Bitcoin prices, intensifying price corrections. Everyone should be alert to the risk of another substantial retracement!

In yesterday's midnight article, it was clearly pointed out that Bitcoin faces resistance around 62,900–64,000 and Ethereum around 1,670–1,740. Currently, all short positions are entered, with slight floating profits. Whether it's the short at 643,000 on Monday, the short at 1,717 on Tuesday, or the shorts at 62,900 and 1,670 from yesterday midnight, after reaching their targets, reduce positions and continue holding. Stay firm on 5.3 and Ethereum around 1,450.

The midnight strategy remains unchanged: maintain high-altitude shorts. Refer to the resistance levels above:

Bitcoin: Watch for resistance around 63,200–64,000, support levels at 61,000–59,800–59,200. The ultimate support continues to look at 53,000–45,000, which is also the level we have repeatedly mentioned for light, phased spot positions.

Ethereum: Resistance around 1,680–1,705–1,740, support at 1,600–1,580–1,550–1,500. The ultimate support is at 1,440–1,380–1,120. These levels are also suitable for phased spot position layouts.

Recently, the volatility has been small, so the key levels keep bouncing around these points. When shorts reach their targets, consider reducing positions or taking profits. For spot positions, participate with caution and light holdings! The above views are for reference only! #我的Gate交易时刻 #美国5月CPI创三年新高 #预测世界杯墨西哥VS南非