June 12th, 9:00-23:00 Market Analysis Summary Today, Bitcoin and Altcoins generally moved in a wide-range oscillation pattern of "rising sharply then pulling back." Bitcoin briefly dipped to around 62,800 during the day before gradually stabilizing and rebounding. In the evening, driven by capital inflows, it surged to around 64,362, hitting the intraday high, but then faced obvious selling pressure, quickly falling back to around 63,600. Altcoins moved in sync, reaching above 1,690 at the peak, then following Bitcoin in a sharp decline, ultimately settling around 1,660. From a price structure perspective, the market remains in a high-level consolidation zone, with clear increased divergence between bulls and bears. In terms of capital flow, during the evening rally, trading volume significantly increased, indicating active chasing of gains by buyers. However, profit-taking at high levels persisted, leading to a lack of sustained upward momentum. On-chain funds remained in a net inflow state, but the inflow rate slowed compared to previous days. Leverage long positions remain relatively high, suggesting a market need to further liquidate high-leverage positions. Technically, Bitcoin faces strong short-term resistance in the 64,300-64,500 range, with 62,800 serving as an important support level. Altcoins are under obvious pressure in the 1,690-1,700 range, with around 1,650 becoming a key short-term support. The MACD is losing momentum at high levels, with signs of a dead cross on the KDJ gradually appearing. RSI has started to decline from high levels, indicating weakening short-term momentum. On the news front, the market continues to debate around the Fed's rate cut expectations, inflation data, and ETF capital flows. Regarding international affairs, Middle East geopolitical risks have not fully dissipated, and market risk aversion sentiment has temporarily increased. Overall, today’s market is characterized by profit-taking after a sharp rise, likely entering a high-level consolidation phase in the short term, awaiting new directional signals. #SpaceX认购规模超2500亿美元 $BTC $ETH

As soon as I woke up, I saw $LAB start moving, this long position is indeed a bit aggressive. Earlier, the price was stuck around 4.12225, I saw the price stabilize at a key level and then start to strengthen, the bullish momentum gradually opened up, so I directly advised to go long. Currently, the price has reached 9.92558, with a profit of +2777.50%, the previous judgment has been realized. Taking profits here is already quite a lot, first take 75%, the remaining 25% uses unrealized gains to gamble on the follow-up. This is how contracts work, lock in profits first, let the subsequent volatility take care of itself. Those who didn't get in, wait for the next round. $BTC $ETH

Reviewing the intraday market trend, Bitcoin initially hovered around 63,900 in the morning, then retraced to support at 62,829 in the afternoon, followed by a strong rebound by the bulls, breaking through the key resistance level of 64,000 in the evening, pushing higher to 64,394 before facing resistance and pulling back. Ethereum's rebound strength is slightly weaker compared to Bitcoin, mainly showing a corrective rebound after a sharp decline. After reaching around 1,690 in the evening, it has now pulled back to around 1,670 and is consolidating. The crypto cycle rotates; there are bear markets and bull markets, sharp drops and rebounds. Keep a calm mindset, avoid being swayed by short-term price fluctuations, follow the rhythm, and move forward steadily. The current market is in the stage of oversold rebound after a deep decline and testing the strong resistance after a breakout. Overall, the market shows a short-term bullish bias but faces strong overhead resistance. From the weekly chart perspective, the price continues to be under pressure and remains below the 50- and 200-day long-term moving averages, maintaining a downward bearish trend. The Bollinger Bands are opening downward, with the price moving below the middle band, and the lower band around 60,500 forming a critical support level. On the hourly chart, the price fluctuates around the moving average, with a balanced battle between bulls and bears in the short term, showing no clear short-term trend. The MACD is slightly bullish with a small golden cross at low levels, but the red volume bars are weak, indicating that although bulls have the advantage in the short term, the momentum is insufficient. The market is only in a corrective phase during the decline, with no signs of a bullish reversal. Therefore, the trading strategy should mainly focus on high positions, and consider light positions after a retracement to around 62,000. In the midnight session, short Bitcoin at 63,800-64,300 with a target around 62,000. In the midnight session, short Ethereum #Marvell大涨超11%领涨芯片板块 at 1,670-1,700 with a target around 1,600.