BTC/ETH Market Update – June 12, 2025, 8:08 AM

A wild night in the market — 2.2 billion CNY wiped out, over 105,927 traders liquidated to zero. BTC didn’t break new highs, and key resistance at 110,300 held steady for two straight days. ETH (“second cake”) surged to a new rebound high of 2878, but couldn’t maintain the strength. After hitting 2788, it briefly bounced to 2831 before dipping back under, now consolidating around 2770. A symbolic push from both BTC and ETH gave the bears a glimpse of hope.

🔍 BTC Key Levels

Support: 104,757 / 103,055 / 100,300

Resistance: 110,500–112,000

Crucial Range: 106,132–107,507–109,465

Watch how BTC plays in this range. If volume drops and prices retrace smoothly, it’s a low-risk long. But if a weak rebound is followed by a sharp drop on volume — time to consider shorting lightly.

🔍 ETH Key Levels

Support: 2515 / 2403 / 2343

Resistance: 2851

Will ETH break through 2851? That depends on sustained volume. No strength? Then short traders should watch the 2820–2840 zone closely.

🎯 Operational Note

Aggressive positions from yesterday should begin to unwind — yesterday marked a watershed moment for this week. Looking ahead, there’s little macro data until the Fed rate decision on June 19 at 2:00 AM, which could shift momentum.

Until then, play it smart. Follow your indicators strictly. With reduced market noise, precision trading will shine.