Analysis of Bitcoin and Ethereum Market on June 25: Today’s Highlights of BTC and ETH

Market Review and Analysis

BTC hit the 58,000-level position in the early morning. The market was mentioned in the morning review yesterday. The altcoins did not fall much, which is more critical. The ETH market rebounded from the edge point of 3,200 yesterday. This round is just a rebound, and there is no reversal. Therefore, in the rebound market, you can selectively operate short-term waves. The rebound of ENS, LDO, FTM and PHB that was always mentioned in the morning review yesterday was not bad, especially the rebound of FTM, ENS and LDO. Yesterday, the big cake and the second cake fell, but LDO and FTM did not follow the decline but rose. Today, the altcoins collectively followed the second cake to rebound, and the strength of the rebound today is still good for the altcoins, not very weak. At this stage, it is to rebound with oversold and do the market of the band.

The focus of BTC has reached the 58,000 point level this morning. At present, the trend of Bitcoin has basically fallen. We have been paying attention to the altcoin. In the past two days, the altcoin has also started to improve. The key is that it has not followed the decline. Bitcoin can rebound at the intraday level. The first resistance position can focus on the 62,600-63,000 range, and the second resistance position can focus on the 64,000-64,500 range. The current daily resistance position of 66,000 points is the market that needs to be moved out and stabilized. The position of 66,000 is a turning point. Whether it is to step back to 66,000 to implement support or to reverse the market and continue to break through, it depends on this position.

ETH rebounded quickly after touching 3,200. This position is the downward edge position of the daily level, so it rebounded. Bitcoin is not falling with Bitcoin now, especially the altcoin is following the rebound of Bitcoin. The rebound of currencies related to Bitcoin is still OK. Recently, we continue to pay attention to ENS LDO FTM For PHB-related currencies, the resistance line of the intraday market rebound of the two cakes is 3460-3520. After breaking through, the range value of 3560-3600 can be directly seen. This position is more critical to the current daily trend of the two cakes.