Here's a professional post on the crypto market as of June 12, 2025:
Navigating Today's Crypto Landscape: June 12, 2025 Market Update
The cryptocurrency market is exhibiting a dynamic interplay of factors today, June 12, 2025, with Bitcoin (BTC) experiencing a slight pullback while altcoins show early signs of renewed interest. The overall market capitalization stands around $2.15 trillion, reflecting the continued significant presence of digital assets in the global financial sphere.
Bitcoin's Current Stance:
Bitcoin has seen a modest dip today, trading around the $108,000 to $109,000 range after reaching highs near $110,392 recently. This minor retracement appears to be a low-volume pullback, suggesting a non-aggressive correction rather than a significant bearish shift. Technical indicators like the Relative Strength Index (RSI) are moving towards neutral territory, and the Moving Average Convergence Divergence (MACD) is flattening, indicating a pause in bullish momentum but without a clear bearish crossover.
A key area to watch for Bitcoin is the $108,000 support level. A sustained hold above this could set the stage for a rebound towards $111,000, while a breakdown might test lower support around $106,000. Liquidation heatmaps highlight significant exposure on both long and short positions, suggesting potential for volatility as the price navigates these key zones. Despite today's slight dip, strong ETF inflows and a neutral-to-bullish Supertrend suggest that Bitcoin's broader uptrend may still be intact.
Altcoin Activity:
While Bitcoin consolidates, there are promising signals for altcoins. The Altseason Index has shown an 8-point increase from yesterday, reaching 30. While still below the 50-point threshold for a full "altseason," this upward movement suggests capital is beginning to rotate into alternative cryptocurrencies. We're observing mixed movements across major altcoins, with some seeing minor gains while others experience slight dips.
