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Market analysis for BTC/ETH on June 3, 2025, at 8:10 AM
On Monday, BTC and ETH quietly tested upwards in succession, cultivating short positions for three days, then directly plundering them clean. At this moment, BTC is advancing towards 107100, and ETH has even stood at 2585 again. After waking up from a sleep, the shorts did not exert their strength in the early morning, but were instead dominated by the bulls!
BTC attention
Support 103233/102403/98500
The pressure is temporarily set at 107100/110000
At this moment, the key points for BTC are 103055 and 107100 as the upper and lower bounds, consistent with yesterday's key support and resistance levels. Many people were expecting a sharp drop to touch 100,000, but it didn't happen. Last night, those who chased the short position without looking at the patterns and indicators are now facing a surge!
ETH Attention
Support 2460-2480/2403/2343
Pressure temporarily set at 2660/2700/2740
At this moment, the second pie broke through 2585 directly without any volume escape last night. When everyone thought that the current market trend was finally going to pull back, I saw that most people were eager to short at 2515/2525. The idea I provided in the early morning was to make a long bet on the volume reduction pullback to fight for a second charge and that a double top would form at 2540. If it breaks through, no shorting will be done, and if it breaks, we need to look at the next resistance level in the 2585-2620 range!
This meeting, yesterday evening between 18:00-19:45 between a hand, yesterday early morning back to step on an extra hand is to make money, empty no conditions so do not short; Then it's time to make money again! Yesterday's pending order player had no chance to get on the bus!
In terms of operation: just give the opportunity to sell in batches. After entering the first position, provide 1-2 opportunities for additional purchases, and the current market situation will be basically stable!
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