The cryptocurrency market on June 17, 2025, is experiencing clear fluctuations amid volatile geopolitical and economic conditions. Bitcoin maintains a strong level above $106,000 despite tensions, reflecting a solid market structure with expectations to rise towards $111,000–$112,000 in the short term, supported by the formation of a 'Golden Cross' and an increase in call option curves. The daily technical recommendation suggests targeting $111,000 with a stop loss at $104,000.
Ethereum is re-testing the resistance level at $2,640–$2,672, with positive momentum supported by massive inflows into ETF funds, and it is in a secondary corrective wave that could precede a strong third wave according to Elliott Wave analysis, targeting higher levels upon surpassing $2,800.
Among alternative cryptocurrencies:
XRP breaks resistance at ~$2.33 and shows a 'bull pennant' pattern, with expectations jumping towards $14 in the case of extended bullish momentum.
ADA tests support at $0.620–$0.630; if it maintains this range, it may bounce back, while the next resistance is at $0.672.
