!!️June 6 [BTC Market Analysis] + Today's Crypto News Collection 📉📈! !️
The current market has short-term emotional fluctuations, mainly due to the dispute between Trump and Musk on social platforms, which has led to panic among some investors. However, it is important to note that this event did not materially change market fundamentals, so such overreactions tend to be quickly fixed by the market.
From a technical point of view:
📍 Short-term resistance: $103,000
A break above and stabilization of the level could lead to further pressure in the $105,000 area.
📍 Strategy Recommendations:
The current market is in the rebound repair stage, and short orders can be intervened in the range of 103,000~105,000, and you must set a stop loss to control the risk. If the rally fails to break through the above pressures, the trend remains weak.
📍 Support Expectations:
The overall trend is still not inclined to fall below $100,000 in stages. If it breaks down unexpectedly and effectively breaks, you can consider trying to gradually open a position near $95,000, and it is recommended that the initial entry is controlled at a 10% position, and dynamically adjusted according to the subsequent market sentiment and structure.
⚠️ The above analysis is for reference only, please formulate a strategy according to your own risk tolerance. At the same time, it can also be combined with the BTC linkage effect to lay out mainstream coins and altcoins.
📊 Market Data Briefs:
• Liquidation of the entire network in the past 24 hours: $980 million
• Network-wide contract holdings: $142.5 billion
• Total network volume: $349.2 billion
🧨 Cherish life and stay away from heavy contracts!
📰 Today's Top 10 Crypto Events:
1️⃣ The number of weekly active addresses on Ethereum hit a record high
2️⃣ Hong Kong stock stablecoin concept stocks retreated, Everbright Limited fell more than 8%
3️⃣ The number of large BTC futures investors was +36% during the year, a new high
4️⃣ Uber CEO: Consider using stablecoin payments to reduce costs
5️⃣ All three major indexes closed in the red, with Tesla plunging 14.26%
6️⃣ Trump: Communication with Musk is going well, and White House aides have scheduled a call
7️⃣ Pump .fun Shout Musk: Issuing Coin PK $TRUMP?
8️⃣ China-US President's Phone Call: We will make good use of the economic and trade consultation mechanism to strive for a win-win situation
9️⃣ Founder of Curve: DeFi security faces the threat of "hired hackers" cross-platform attacks
🔟 Yesterday's ETF Flows:
BTC spot ETF net outflow: $278 million
ETH spot ETF net inflows: $11.25 million
📌 Short-term volatility intensifies, long-term opportunities are brewing, stay calm and respond flexibly!
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