๐ช Crypto Market Pauses as Israel-Iran Conflict Escalates; Bitcoin Eyes $108K Breakout
June 14, 2025 โ Crypto markets are treading water as tensions between Israel and Iran escalate, injecting fresh uncertainty into global risk sentiment. Traders are in cautious mode, waiting for clarity over the next 48 hours.
๐ Bitcoin Holds Above $105K โ Breakout in Sight?
Bitcoin (BTC) is consolidating around $105Kโ$106K, just under key resistance at $108Kโ$110K. The structure remains bullish, with a golden cross still intact, but momentum has cooled.
Resistance: $108K, then $112K (ATH)
Support: $100K psychological level
RSI & MACD: Neutral-to-bullish, but low volumes signal indecision
A clean break above $108K could open doors to a move toward $120K+, while a failure might test the $100K floor.
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๐งช Ethereum Builds Strength Above $3K
Ethereum (ETH) is holding near $3,000, showing signs of a bullish cup-and-handle pattern. If it clears $3,500, it could rally toward $4,100.
Support: $2,600โ$2,800
Resistance: $3,500+
On-chain metrics: Steady flows, growing activity, institutional interest post-Pectra upgrade
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๐ Macro & Geopolitical Drivers at Play
Israel-Iran conflict has sparked a move into safe-havens like gold and oil
Stablecoin demand (USDT, USDC) is rising, reflecting broader market caution
Derivatives funding rates are neutral, showing no strong directional bias
On-chain activity points to accumulation, not panic
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๐ญ What to Watch Next
Geopolitical headlines โ especially Middle East updates
BTC resistance at $108K โ breakout vs. rejection
U.S. macro data and Fed commentary this week
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โ Summary: Market in Holding Pattern
Crypto traders are waiting for clarity. With BTC and ETH both holding strong technical levels, the next breakout โ or breakdown โ may come fast once volatility returns.
Stay nimble. Risk-manage tightly. The next 48 hours are key.