๐ Today is Saturday, June 1, 2025 ๐ Iโm Wang Yibo, checking in with all the hardcore fans! ๐ Daily attendance for good luck โ Tap like, get rich! ๐๐๐น๐น
================================== ๐๐ Farewell Red May, Hello Fiery June! ๐๐
Recap of May Madness: The crypto world delivered an electrifying May โ a rollercoaster of emotions and opportunities! Bitcoin started the month at $94,007, then smashed key milestones:
๐ฅ $100K breached on May 9
๐ New ATH: $109,856 on May 21
๐งจ Surged again to $111,963 on May 23 before a heavy sell-off
The rally wasnโt just hype โ it was powered by: ๐ Speculation that Trumpโs team may include BTC in U.S. strategic reserves ๐ฆ A fresh wave of institutional adoption ๐ Yet, the euphoria cooled when Trump proposed 50% EU tariffs on May 23 โ triggering macro fear and technical correction.
โก๏ธ BTC pulled back ~6.5%, currently hovering around $104,000, reflecting a market seeking direction between tariff wars and regulatory bets.
๐ฏ June outlook? Expect volatility to persist as global policy shifts set the tone. Stay close โ Iโll help you track every wave!
---
๐ BTC Market Watch: Bitcoin rebounded slightly to $104,800, but momentum remains muted. The 4H chart shows a high Doji pattern โ a classic sign of indecision. Bulls and bears are locked in combat, and volatility is still king.
โ ๏ธ Caution zone: BTC touched the bottleneck line at midnight โ a typical battleground of hedging and profit-taking. The selling pressure here is strong.
๐ On the daily chart:
The price is overextended from the moving average โ usually unsustainable
Lower support channels are opening up
No bullish reversal from moving averages โ instead, signs of a potential bearish transition
๐ง Bottom line: Short-term bounces may not be reliable. Until the structure changes, this could be the early phase of a broader correction.
---
๐ฃ Ethereum Analysis (ETH): ETH slipped to $2474, rebounded to $2549, then slid back into a choppy range (2520โ2550).
๐ What's driving this? Unlike Bitcoin, Ethereum is reacting more to internal factors:
Staking unlocks
Weak dApp momentum
Decreasing network activity
๐ The price remains under the daily moving average and trading volume is low โ signaling lack of conviction on both sides.
๐ Key Levels:
Support: $2500 โ break below may trigger another down leg
Resistance: $2550 โ breakout could spark bullish momentum
โ ๏ธ Strategy: Be patient. Until ETH picks a clear direction, chasing short-term moves is risky.
---
๐ฌ Stay tuned for real-time updates, fresh opportunities, and in-depth insights! Follow Wang Yibo โ your guide to riding every wave in the crypto tide ๐๐ฅ
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.
๐ Good Morning, Crypto Family!
๐ Today is Saturday, June 1, 2025
๐ Iโm Wang Yibo, checking in with all the hardcore fans!
๐ Daily attendance for good luck โ Tap like, get rich! ๐๐๐น๐น
==================================
๐๐ Farewell Red May, Hello Fiery June! ๐๐
Recap of May Madness:
The crypto world delivered an electrifying May โ a rollercoaster of emotions and opportunities! Bitcoin started the month at $94,007, then smashed key milestones:
๐ฅ $100K breached on May 9
๐ New ATH: $109,856 on May 21
๐งจ Surged again to $111,963 on May 23 before a heavy sell-off
The rally wasnโt just hype โ it was powered by:
๐ Speculation that Trumpโs team may include BTC in U.S. strategic reserves
๐ฆ A fresh wave of institutional adoption
๐ Yet, the euphoria cooled when Trump proposed 50% EU tariffs on May 23 โ triggering macro fear and technical correction.
โก๏ธ BTC pulled back ~6.5%, currently hovering around $104,000, reflecting a market seeking direction between tariff wars and regulatory bets.
๐ฏ June outlook? Expect volatility to persist as global policy shifts set the tone. Stay close โ Iโll help you track every wave!
---
๐ BTC Market Watch:
Bitcoin rebounded slightly to $104,800, but momentum remains muted. The 4H chart shows a high Doji pattern โ a classic sign of indecision. Bulls and bears are locked in combat, and volatility is still king.
โ ๏ธ Caution zone:
BTC touched the bottleneck line at midnight โ a typical battleground of hedging and profit-taking. The selling pressure here is strong.
๐ On the daily chart:
The price is overextended from the moving average โ usually unsustainable
Lower support channels are opening up
No bullish reversal from moving averages โ instead, signs of a potential bearish transition
๐ง Bottom line: Short-term bounces may not be reliable. Until the structure changes, this could be the early phase of a broader correction.
---
๐ฃ Ethereum Analysis (ETH):
ETH slipped to $2474, rebounded to $2549, then slid back into a choppy range (2520โ2550).
๐ What's driving this?
Unlike Bitcoin, Ethereum is reacting more to internal factors:
Staking unlocks
Weak dApp momentum
Decreasing network activity
๐ The price remains under the daily moving average and trading volume is low โ signaling lack of conviction on both sides.
๐ Key Levels:
Support: $2500 โ break below may trigger another down leg
Resistance: $2550 โ breakout could spark bullish momentum
โ ๏ธ Strategy: Be patient. Until ETH picks a clear direction, chasing short-term moves is risky.
---
๐ฌ Stay tuned for real-time updates, fresh opportunities, and in-depth insights!
Follow Wang Yibo โ your guide to riding every wave in the crypto tide ๐๐ฅ
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