Bitcoin and Ethereum Market Analysis on June 3rd: BTC, ETH Highlights Today
Market Review
Yesterday, BTC continued to consolidate, maintaining a healthy trend, with a 4-hour level oscillating upward, the daily-level top divergence repair is about to complete, and the weekly trend remains healthy. Pay more attention to fundamental information, the Federal Reserve's interest rate cut process, and focus on the stability of 105,000 today. Consider entering in batches, with the weekly golden cross forming, a new round of market movement is expected to start
Ethereum followed BTC in synchronous consolidation, with a 4-hour trend maintaining health, and the daily downward momentum is also decreasing. Focus on the stability of 2,550 today, and consider following up after stabilization
Altcoins are consolidating in sync with mainstream coins, market sentiment remains low, and the altcoin index has pulled back to a lower level. Consider following up after mainstream coins stabilize, pay attention to meme and ETH track coins. Binance has been frequently hosting activities, with continuous Alpha point events. You can accumulate points and wait for the next event. SOL's on-chain activity continues to rise, and you can pay more attention to MEME coins today
BTC's 1-hour and 4-hour levels have returned to a healthy range, and the daily level has returned to a healthy range. Expect a mild pullback during the day before continuing to rise. Intraday support is 105,200-105,700, with resistance at 107,000-107,500
ETH's 1-hour and 4-hour levels have returned to a healthy range, and the daily level has returned to a healthy range. Expect a mild pullback during the day before continuing to rise. Intraday support is 2,520-2,570, with resistance at 2,700-2,750
