$BTC

As of June 8, 2025, the price of Bitcoin (BTC) has slightly increased, reported at approximately $105,271, with intraday fluctuations between $104,859 and $105,904. Overall, the technical aspect remains stable near the 20-day EMA, with short-term bullish momentum still present, but lacking a clear breakthrough power.

From historical data, BTC has rebounded after overcoming a recent pullback, rising from $101,524 on June 6 to today's level, indicating that the market is gradually stabilizing. The Sentiment indicator is in a neutral to bullish zone, with most investors choosing to hold their coins and observing, without any significant volatility appearing.

On the fundamental side, Bitcoin's realized market capitalization has continued to reach new highs, hitting $934.88 billion, reflecting that the holding cost has reached a historical high, strengthening long-term market confidence. Additionally, analysts point out that if the price remains above the 20-day EMA and breaks through the resistance zone of $106,000–$108,000, BTC is expected to continue its recent upward trend and challenge higher levels.

In summary, Bitcoin is currently in a consolidation period, with an overall bullish trend. Key technical levels to observe: maintaining support at the 20-day EMA and breaking through $106,000 as a signal to initiate an upward movement; otherwise, a retracement to the $104,000–$103,000 range may occur. Investors should closely monitor technical indicators and capital momentum to determine the direction of the next trend.