Bitcoin Smashes All-Time High, Gold Surges - Where Is the Smart Money Flowing?

Release Time: 10:00 AM, June 12, 2025 Issued by: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

Vietnamese Market: The market is currently struggling below the MA(20) line around the 1,323-point mark, with declining liquidity indicating hesitation from both buyers and sellers. Mixed signals of gains and losses reflect a wait-and-see sentiment, while the current correction is considered technical. The market could recover quickly if it falls back to the support zone of 1,290–1,300 points. With the downtrend now under control, more accumulation time is needed before it can surpass the MA(20) again.
US Market: The US market saw a slight correction on June 11 after a series of gains, with the S&P 500 down 0.3% to 6,022 points, the Nasdaq down 0.5% to 19,615 points, while the Dow Jones remained nearly flat at 42,866 points. May's CPI data, which rose 0.1% month-over-month and 2.4% year-over-year, was lower than expected, easing pressure on monetary policy. The 10-year Treasury yield fell to around 4.41%, reflecting optimism about inflation. However, investors remain cautious due to US-China trade tensions and geopolitical issues in the Middle East. The current market trend is one of accumulation and awaiting new signals from the Fed.

2. Foreign Exchange:

EUR/USD: Uptrend. Consider entering long positions. Daily support: 1.14800.
USD/JPY: Downtrend. Consider entering short positions. Daily resistance: 144.500.

3. Gold:

Current Price: $3,375.06/ounce, up approximately +0.7% from the previous session.
Reasons for the Increase:
- Increased Middle East tensions and a weaker USD have made the safe-haven asset more attractive.
- Weaker-than-expected US inflation data has raised expectations for a Fed rate cut this year.
- A technical breakout above the $3,346 resistance level has triggered a wave of technical buying.

4. Oil:

5. Bitcoin:

Current Price: Approximately $110,500, up ~+0.5% today.
Trend Analysis:
- Just broke its all-time high of ~$109,760, setting a new peak.
- Inflows from ETFs and a risk-on sentiment are favoring cryptocurrencies.
- If BTC can hold above $110k, it could continue its momentum towards the $115k – $120k range.
Summary: Bitcoin is experiencing a strong breakout, with potential for further gains if the $110k level holds, and a correction if it falls below $105k.

OUTLOOK & PLAN

1. XTI/USD

2. Vietnamese Stock: CMG

Recommendation: BUY CMG (June 12, 2025), Entry price: 34,600 - 35,600 VND, Target 1: 38,000 VND, Target 2: 42,000 VND, Stop Loss: 33,800 VND

KEY EVENTS TODAY:

DISCLAIMER

The opinions above represent the personal views of the analyst, Leon, from Lotus, and are not a basis for actual market participation.
Lotus only provides technical trading analysis and trading knowledge training for its students.
Lotus does not represent any securities firm or asset management company.
Lotus does not manage funds for its students.

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