Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro-Major European Indices 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
ETH prices pared most of its after SEC action against Coinbase.
It holds below short-term support $1858-$1846 (21 and 55-day EMA).
ETHUSD lost more than $150 due to the withdrawal of cbETH in the past two days. According to data for crypto intelligence,27280 cbETH tokens were redeemed on June 6th, and 5% of Coinbase Ethereum balance was withdrawn. It hits a low of $1775 on Monday and is currently trading around $1842.90.
Major economic data for the day
June 8th, 2023, US initial jobless claims (12:30 pm GMT)
The bullish invalidation can happen if the pair closes below $1570. On the lower side, the near-term support is $1775. Any break below targets $1735/$1660/$1570/$1365. Significant downtrend if it breaks $800.
The immediate resistance stands at around $1960. Any breach above confirms a minor pullback. A jump to $1973/$2030 is possible. A surge past $2050 will take Ethereum to $2294/$2500.
It is good to buy on dips around $1750 with SL around $1650 for TP of $2400/$2500.
