2025-06-11 05:46:41

6.11 Wednesday midday BTC/ETH market 箜

On June 11, BTC and ETH showed a high-level sideways consolidation trend, and caution is needed when chasing. BTC has been oscillating since reaching the 110000 level, and the pressure from the previous high is clearly evident above, limiting the chasing space. Although the overall trend is relatively strong and there may be a possibility of a second upward attack, short-term pressure remains. Ethereum performed even stronger, steadily rising from this week's low of 2475, with a relatively small pullback near the weekly 2830.

From a technical perspective, both are oscillating at high levels on the daily chart, and after a slight consolidation following a breakout on the 4-hour chart, the momentum has weakened. It is suggested to short BTC in the range of 109600 - 110000, targeting 107500; for ETH, consider placing short orders near 2795 - 2820, with a target of 2720.

Operation Suggestions:
BTC: 109600-110000 range, looking at around 108000
ETH: 2795-2820 range, look around 2750

BTC-2,23%

ETH-3,7%

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