{"id":54867,"date":"2025-06-10T12:54:18","date_gmt":"2025-06-10T12:54:18","guid":{"rendered":"https:\/\/dev.tradesilvania.com\/crypto-analysis-for-btc-eth-egld-floki-and-sushi-june-10-2025\/"},"modified":"2025-06-10T12:54:18","modified_gmt":"2025-06-10T12:54:18","slug":"crypto-analysis-for-btc-eth-egld-floki-and-sushi-june-10-2025","status":"publish","type":"post","link":"https:\/\/www.tradesilvania.com\/ro\/blog\/crypto-analysis-for-btc-eth-egld-floki-and-sushi-june-10-2025\/","title":{"rendered":"Crypto analysis for BTC, ETH, EGLD, FLOKI and SUSHI – June 10, 2025"},"content":{"rendered":"

\n \"Crypto\n <\/p>\n

Crypto market in the last 24 hours:<\/strong><\/h3>\n

\ud83c\udf10 Global Capitalization: $3.44T (+2.68%)
\ud83d\udcca Total 24h Volume: $132.25B (+2.20%)
\ud83d\udcb0 DeFi Volume: $38.29B (28.96% of total volume)
\ud83d\udd12 Stablecoins Volume: $130.25B (98.49% of total volume)
\ud83d\udcb5 Bitcoin Dominance: 63.3% (+1.12%)<\/p>\n

Bitcoin (BTC) analysis<\/strong><\/h3>\n

BTC has formed an ascending channel accompanied by bearish divergence, which increases the probability of a potential bearish move. This setup suggests that while the price is rising, momentum is fading\u2014a classic early sign of a possible reversal. However, to confirm the bearish scenario, we need a breakdown and a candle close below the key support zone at 105,065 USD. If that happens, it could trigger a move toward the downside targets at 104,158 USD and 103,293 USD. Until then, price action remains vulnerable inside the channel and might trap aggressive sellers.<\/p>\n

\"Bitcoin<\/figure>\n

Ethereum (ETH) analysis<\/strong><\/h3>\n

ETH is currently in a bearish trend and has taken sellers’ liquidity, showing a clear CHoCH (Change of Character) along with bearish divergence. These factors increase the likelihood of a continued downward move. But for confirmation, we\u2019re watching for a pullback toward the resistance zone at 2,536 USD. If the price reaches and rejects that level\u2014ideally forming a triple top\u2014the bearish scenario becomes stronger. From there, the downside targets would be 2,510 USD and 2,475 USD. Patience is key here, as this setup still needs validation after the pullback.<\/p>\n

\"Ethereum<\/figure>\n

MultiversX (EGLD) analysis<\/strong><\/h3>\n

EGLD is following a clear bearish trend, having broken structure to the downside and forming a bearish order block (OB) around the 15.43 USD zone. We\u2019ve already seen a bearish reaction from that level, confirming its relevance. The probability of another bearish move from that same OB zone remains high. If price retraces back to the 15.43 USD area, we can expect renewed selling pressure that could push price toward 14.93 USD and 14.29 USD. This setup aligns well with the current bearish structure, and any retest of the OB zone offers a high-probability short opportunity.<\/p>\n

\"MultiversX<\/figure>\n

Floki (FLOKI) analysis<\/strong><\/h3>\n

FLOKI has formed a head & shoulders pattern, a classic bearish reversal signal that increases the chances of a downside move. This structure typically indicates a momentum shift from buyers to sellers, especially after a strong uptrend. Still, confirmation is necessary via a breakdown and a candle close below the key support zone at 0.00007283 USD. If this happens, the pattern is validated and opens the door to further decline, with potential targets at 0.00006005 USD and 0.00005037 USD. Traders should monitor volume and candlestick behavior at the support zone before making any moves.<\/p>\n

\"Floki<\/figure>\n

SushiSwap (SUSHI) analysis<\/strong><\/h3>\n

SUSHI has shown a bullish CHoCH (Change of Character) and is trading within a descending channel\u2014a combination that increases the odds of a bullish reversal. Descending channels often suggest a potential move higher when paired with bullish structural shifts like CHoCH. However, for stronger confirmation, we want to see a liquidity sweep of the previous swing low to take out buyers before a bounce. If that happens and price finds support and reacts bullishly around the 0.55188162 USD zone, we could expect a move toward 0.68380044 USD and 0.82155988 USD. Watch for bullish candlestick structure and volume at that key support zone to strengthen the case.<\/p>\n

\"SushiSwap<\/figure>\n

\ud83d\udcc8 Our Short-Term Estimates (96H)<\/strong><\/h3>\n

Disclaimer:<\/strong> These are our personal opinions, not financial advice. We invest our own money \u2014 and sometimes we lose. DYOR!<\/p>\n