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#PI 2025.6.11 9:08 AM BTC/ETH market analysis
This night eliminated 2.5 billion CNY, with 100,378 people going bankrupt to zero! Last night we went long at the 2685 line, and at 2 AM we shorted at the 2800 line. At this moment, reviewing the K-line, anyone who watched last night's live broadcast knows that we were looking for opportunities to go long between 2685-2700. The point difference was 2 dollars and we did not hit it, but the short position definitely had opportunities, so those who stayed up late without trading this night wasted their time!
BTC attention
Support 107507/106132/104757/103055
The pressure is temporarily set at 112000
The key point at this moment is 109465, just pay attention to the gains and losses at this point!
ETH Attention
Support 2627-2665/2585/2542/2466
Pressure temporarily set at 2851
We are just one step away from the 2851 level, which we have discussed countless times before. After stabilizing at the 2403 level, 2851 is the next target. Although it took some time, we are almost there, right?
In operation: a resistance level that becomes support means we should look for buying opportunities on retracements; when a support level is broken and becomes resistance, we should look for selling opportunities when the price is rejected on a rebound! First, one must understand the basic logic of long and short positions!
Don't complicate things too much for yourself; what suits you best is the best!
#GateLive #GT