BTC has been oscillating above 67000 in the past few days, with intense struggle between long and short positions. It is obviously bullish, pulling up again to above 68400 in the evening. However, the market did not stabilize, but oscillated and fell back. Currently, the price is oscillating above 68000, and the short-term market still remains bullish. Although there is some retracement, the strength is obviously weak, so the operation is still firmly bullish.
BTC ETH is oscillating, giving altcoin a chance to perform. Obviously, institutions are starting to focus on altcoin now.
Currently, the short-term resistance of BTC is around 68500, with strong support at 66500; Ether is relatively weak, with short-term resistance around 3850 and support at 3700.
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Market trend on 2024/6/3:
BTC has been oscillating above 67000 in the past few days, with intense struggle between long and short positions. It is obviously bullish, pulling up again to above 68400 in the evening. However, the market did not stabilize, but oscillated and fell back. Currently, the price is oscillating above 68000, and the short-term market still remains bullish. Although there is some retracement, the strength is obviously weak, so the operation is still firmly bullish.
BTC ETH is oscillating, giving altcoin a chance to perform. Obviously, institutions are starting to focus on altcoin now.
Currently, the short-term resistance of BTC is around 68500, with strong support at 66500; Ether is relatively weak, with short-term resistance around 3850 and support at 3700.