FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/USD steadies ahead key data, BoE event risk 
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to data for crypto intelligence,27280 cbETH tokens were redeemed on June 6th, and 5% of Coinbase Ethereum balance was withdrawn.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.
