🧠 #Weekend Market Analysis

– June 7, 2025 Crypto Market Update

Prepared by: Surrealist5N1K

As the weekend approaches, the crypto markets are attempting to stabilize after the fluctuations experienced throughout the week.
Here is the market status with the latest data:

📈 Bitcoin (BTC) – Seeking balance at the $105K level

Bitcoin tested the $107,000 level during the week before retreating to the $102,000 support. However, with buying coming in from this level, the price approached the $105,000 level again.
• Current Price: $104.953
• Daily Change: +%1.99
• Intraday Range: $102,907 – $105,220
• Resistance Level: $107,000
• Support Level: $102,000 

The daily net inflow of $22.8 million into Fidelity's Bitcoin ETF indicates that institutional investor interest remains strong.

🪙 Ethereum (ETH) – Struggling to Hold Above $2,500 Level

Ethereum has maintained its upward movement throughout the week by holding the $2,400 support. It is currently trading at $2,492.
• Current Price: $2,492.82
• Daily Change: +%1.41
• Intraday Range: $2,455.78 – $2,519.88
• Resistance Level: $2.540
• Support Level: $2.400 

The net inflow into Ethereum ETFs being $25.3 million indicates that institutional interest is shifting towards Ethereum.

🌐 Macroeconomic Developments and Market Effects

The announcement of non-farm payroll data in the US being above expectations may delay the FED's interest rate cut expectations. This situation could lead to short-term fluctuations in the cryptocurrency markets.

📊 Altcoin Market – In the Spotlight of Investors

In the altcoin market, there is significant investor interest in tokens such as CAKE, DOGE, and OP.
• Market Cap: $3.28 trillion
• Weekly Change: -5%

This situation could be a potential recovery signal in the altcoin market.

🧭 Strategic Recommendations for the Weekend
1. Beware of Low Liquidity: Sudden price movements may occur on weekends due to low liquidity.
2. Follow Technical Levels: The $102,000 support for BTC and the $2,400 support for ETH are of critical importance.
3. Monitor the News Flow: Macroeconomic developments and regulatory news can lead to sudden movements in the market.

⚠️ Warning: This analysis is not investment advice. It is for informational purposes only.
Make your investment decisions based on your own research.

#BTC
#ETH
#DOGE
#CAKE