#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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May 25 BTC (BTC) ETH (ETH) Analysis [Did I say there would be a pullback and you didn't believe it?], includes strategy order reference.
1, BTC (Figure 1 )
Pay attention to the conversion line position of 109900 for BTC on Sunday and Monday. If it stands above this level again, BTC will pull back after hitting a new high at 113300. If 109900 cannot be reclaimed, BTC will continue to move downwards and consolidate, focusing on the support level of 106000 and the conversion line at 104300. A breakthrough at 104300 can officially signal the end of this upward trend. Note that only levels above 4 hours can be used as a judgment logic. Yesterday, a detailed weekly and daily analysis was also provided internally. If there is a direct shift between long and short, refer to the points where the previous pullback turned into a correction.
Resistance: 108500, 109500, 113300
Support: 107200, 106000, 104300
2、ETH(图二)
It was inevitable that I did not trigger the rebound for ETH the day before yesterday. Now looking back, do I still think it’s a rebound? The 2700-2800 resistance zone is very heavy, and it must consolidate in this lower area. Moreover, there have been many unfavorable factors regarding ETH in the past two days, leading to an overall weak performance affecting altcoins. Don't rush! Give it a little patience, and in the next wave, we will still see these two positions at 3150 and 3350.
Pressure: 2585, 2540;
Support: 2470, 2390;