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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Grasp the trends in the crypto world and master the entry points for trading.
Hello everyone, I am Kangxi from the crypto world.
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Wednesday, June 4, 2025, "Broadcasting at 7:30 AM sharp"
Trading Strategies for Bitcoin and Ethereum Intraday:
Continue to pay attention to the upper resistance level of 106600 points and the bullish-bearish reversal level near 108900 points during the day. If it can effectively break through 108900 points upwards and maintain operations above 108900 points, it will lead to a continuation of the upward trend. The upper resistance levels to focus on are 110700 points, 111300 points, and near 112000 points.
If it can effectively maintain below the resistance level of 106600 points throughout the day, there will be a continued downward retracement trend. First, pay attention to the support level near 104900 points below. If it breaks below, focus on the support levels of 103700 points, 103000 points, and the key support level near 102700 points. Then, pay attention to the support levels of 101400 points, 100700 points, and 97900 points below.
"Daily Trading Suggestions for Bitcoin: Short near resistance levels of 106600, 107500, and 108900 points, with a stop loss above 109500 points. ♥ Long near support levels of 103000 to 102700 points, with a stop loss below 102700 points."
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Continue to pay attention to the upper resistance levels around 2620 and 2650 points for Ethereum intraday. If it can effectively break through the resistance level of 2650 and maintain above this level, it will continue its upward rebound trend. The upper resistance levels to watch are 2670, 2710, 2745, and the previous high around 2788.
If the day has always been maintained below the pressure level of 2650 points, it will continue to walk out of the downward trend, below the focus on the support level of 2550 points and 2520 points, as long as it can be effectively maintained above the support level of 2520 points, there will be an upward rebound" below the key support level of 2475 to 2463 points, and then pay attention to the support level of 2400 points and 2320 points and 2100 points below,
"Ethereum Day Trading Recommendations: Short near resistance levels at 2620, 2650, and 2670, with a stop loss above 2680. ♥ Long near support levels at 2550 and 2520, with a stop loss below 2515."