empty
09.06.2025 09:21 AM
Trading Recommendations for the Cryptocurrency Market on June 9

Bitcoin has reached its recently favored level of $106,500 again, even though Friday's U.S. labor market data did not support this rise. Ethereum also strengthened over the weekend, but today's Asian session brought many surprises. A major sell-off across the market served as a wake-up call for traders hoping for another "to the moon" rally.

This image is no longer relevant

The data showed that the U.S. labor market remains in good shape, which allows the Federal Reserve to keep interest rates at current levels for longer — a negative for risk assets, including Bitcoin. The strength of the U.S. labor market effectively dashes investors' hopes for a near-term monetary policy easing. Moreover, strong employment figures give the Fed the confidence to fight inflation without fearing an economic slowdown. This exerts pressure on rate-sensitive assets. Bitcoin, like other cryptocurrencies, is traditionally considered a risk asset. In an environment of high interest rates and shrinking liquidity, the appeal of such assets diminishes as investors shift toward more conservative and profitable instruments. Thus, the current macroeconomic situation is unfavorable for Bitcoin's growth.

Nevertheless, Bitcoin's long-term prospects remain positive despite short-term fluctuations. Michael Saylor recently stated that, given the accelerating pace of BTC adoption, he has become even more optimistic about his $13 million Bitcoin forecast by 2040. Saylor's optimism is supported by several factors, including growing institutional investor interest, an increasing number of companies accepting Bitcoin as payment, and the ongoing development of the cryptocurrency infrastructure. Regulation of cryptocurrencies is also becoming clearer and more structured, helping to attract new market participants.

Regarding the intraday strategy for the cryptocurrency market, I will continue to act based on any significant pullbacks in Bitcoin and Ethereum, counting on continuing the bullish market in the medium term, which remains intact.

As for short-term trading, the strategy and conditions are described below.

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: Today, I plan to buy Bitcoin at the entry point around $105,700, targeting a rise to $106,500. Around $106,500, I will exit the long positions and immediately sell on the pullback. Before buying on a breakout, ensure that the 50-day moving average is below the current price and that the Awesome Oscillator is above zero.

Scenario #2: If the market does not react to Bitcoin's breakout, it can also be bought from the lower boundary of $105,200, targeting levels of $105,700 and $106,500.

Sell Scenario

Scenario #1: Today, I plan to sell Bitcoin at the entry point around $105,200, targeting a drop to $104,400. Around $104,400, I will exit short positions and immediately buy on the rebound. Before selling on a breakout, ensure that the 50-day moving average is above the current price and that the Awesome Oscillator is below zero.

Scenario #2: Bitcoin can also be sold from the upper boundary of $105,700 if there is no market reaction to its breakout, targeting $105,200 and $104,400.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: Today, I plan to buy Ethereum at the entry point around $2494, targeting a rise to $2530. Around $2530, I will exit the long positions and immediately sell on the pullback. Before buying on a breakout, ensure that the 50-day moving average is below the current price and that the Awesome Oscillator is above zero.

Scenario #2: If the market does not react to Ethereum's breakout, it can also be bought from the lower boundary of $2476, targeting levels of $2494 and $2530.

Sell Scenario

Scenario #1: Today, I plan to sell Ethereum at the entry point of around $2476, targeting a drop to $2447. Around $2447, I will exit short positions and immediately buy on the rebound. Before selling on a breakout, ensure that the 50-day moving average is above the current price and that the Awesome Oscillator is below zero.

Scenario #2: If the market does not react to Ethereum's breakout, it can also be sold from the upper boundary of $2494, targeting levels $2476 and $2447.

Bitcoin
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Recomendaciones para operar con el Bitcoin el 4 de julio según el sistema ICT.

El Bitcoin una vez más no logró superar el área de 110 000$ - 112 000$, pero parece que seguirá intentando una y otra vez superar dicha área

Paolo Greco 07:40 2025-07-04 UTC+2

Recomendaciones para operar con el Bitcoin el 3 de julio según el sistema ICT.

El Bitcoin una vez más no logró superar la zona de los 110 000$ - 112 000$, pero, al parecer, seguirá intentando una y otra vez superar dicha zona

Paolo Greco 07:32 2025-07-03 UTC+2

Recomendaciones para operar en el mercado de criptomonedas el 2 de julio

El Bitcoin continuó su corrección y durante las operaciones asiáticas de hoy actualizó el nivel de $105 000. El Ether también cayó significativamente, pero luego fue rápidamente recomprado, estabilizándose

Miroslaw Bawulski 07:55 2025-07-02 UTC+2

Recomendaciones para operar con el Bitcoin el 2 de julio según el sistema ICT

El Bitcoin una vez más no logró superar la zona de 110 000$ - 112 000$, pero esta vez ni siquiera intentó hacerlo. El OB "bajista" en el marco temporal

Paolo Greco 07:39 2025-07-02 UTC+2

Recomendaciones para operar con el Bitcoin el 1 de julio según el sistema ICT.

En el Bitcoin continúa otra pausa. Ya casi una semana que el precio se mantiene en el mismo lugar, en las cercanías inmediatas del máximo histórico (ATH). Ayer

Paolo Greco 07:05 2025-07-01 UTC+2

Recomendaciones para operar con el Bitcoin el 30 de junio según el sistema ICT.

El Bitcoin ha entrado en una nueva pausa. Durante varios días consecutivos, el precio se mantuvo en el mismo lugar, pero en la noche del lunes, el Bitcoin volvió

Paolo Greco 07:49 2025-06-30 UTC+2

Recomendaciones para operar con el Bitcoin el 27 de junio según el sistema ICT.

El Bitcoin aún no logró superar el área de 110 000 $ - 112 000 $, pero nuevamente se mueve con confianza hacia su prueba. Como vemos, el Bitcoin

Paolo Greco 07:31 2025-06-27 UTC+2

Recomendaciones para operar con el Bitcoin para el 26 de junio según el sistema ICT.

El Bitcoin aún no ha podido superar la zona de los 110 000$ - 112 000$, pero nuevamente se mueve con confianza hacia su prueba. Como podemos ver, el bitcoin

Paolo Greco 08:30 2025-06-26 UTC+2

Análisis del par BTC/USD. El 25 de junio. El Bitcoin ha recobrado fuerzas

La estructura de ondas en el gráfico de 4 horas para el instrumento BTC/USD sigue siendo en general comprensible. Hemos visto una estructura descendente correctiva que concluyó su formación cerca

Chin Zhao 07:52 2025-06-25 UTC+2

Recomendaciones para operar con el Bitcoin el 25 de junio según el sistema ICT.

El Bitcoin aún no ha podido superar la zona de los 110 000$ - 112 000$, pero al parecer tendrá otra oportunidad. ¿Qué ocurrió durante la última semana? Donald Trump

Paolo Greco 07:52 2025-06-25 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.