Market Analysis on the Evening of June 12



Bitcoin needs to closely monitor the performance at the 107875 level this evening, as it is an important strategic position. If it can firmly hold above this level, the market is likely to start a rebound. The resistance levels above are at 108780, 109775, and 110650. However, if the rebound lacks strength and cannot effectively break through this key level, it indicates insufficient market momentum. The support levels below can be referenced at 106550, 105250, and 103800.

Ethereum's evening trading needs to focus on the watershed level of 2752. If it can effectively break through and stabilize above this level, it may trigger a wave of upward movement, with resistance zones at 2782, 2831, and 2890. If the 2752 level cannot be broken through for a long time, investors need to be wary of downward risks, with support levels at 2718, 2687, and 2655 at several key points below.

The key to Solana's evening trend lies in the performance at the 158.7 level. If it successfully stabilizes at this position, it is expected to test several resistance levels upwards, including 161, 163.7, and 165.6. If the 158.7 level cannot be breached after prolonged attempts, the price may fall back to support areas at 156.2, 153, or even 150.1.
BTC3,78%
ETH4,91%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)