The BTC daily chart has formed a double top and has not broken through the previous high. The ETH attempted to reach 2800 yesterday but faced the daily chart 180 resistance level, and the upper wick proves that the daily resistance level is effective. Solana is currently facing a similar situation regarding the ETH breakthrough being hindered on the daily chart. On the macro front, the tariffs have basically come to a conclusion, and the previously expected interest rate cut in June now seems likely to be delayed. Therefore, in the short term, it seems unlikely that BTC will break through the previous high.


I personally think that the market has reached its peak, and it will start to pull back down in the near future. For altcoins, I believe this pullback is a good opportunity to enter!
BTC-2,05%
ETH-1,29%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin