SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
From Cointelegraph
June 2, 2025 12:08:00 PM:
Bitcoin faces potential deeper correction to $100,000, with signs of accumulation by Strategy and Mataplanet. Ether and altcoins rebounding from strong support levels. Bitcoin failed to sustain above $105,000, with whale activity picking up near $112,000. Analysts predict possible correction to $97,000 or even $90,000. Long-term Bitcoin bulls continue to buy, with Strategy and Metaplanet acquiring significant amounts of Bitcoin. S&P 500 Index price near 20-day EMA, potential rally to all-time high. US Dollar Index rises above 20-day EMA, bears remain in control. Bitcoin price struggles at 20-day EMA, potential drop to $100,000 or rise to $130,000. Ether price defended at 20-day EMA, potential rally to $3,000 or drop to $2,323. XRP trading in range, facing resistance at $2.65 or support at $1.61. BNB bounce off support, facing resistance at 20-day EMA. Solana support at $153, resistance at 50-day SMA. Dogecoin trading below 50-day SMA, potential move to $0.14 or $0.26. Cardano falls below 50-day SMA, potential breakdown to $0.60. Hyperliquid bounces off 20-day EMA, resistance at $35.73.
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