As of June 21, 2025, 8:09 PM, the price of BTC/USDT is $103,939.99, down 1.85% in 24 hours, with the market showing a fluctuating pattern. From the chart, the price rebounded from $100,372.26 to a high of $111,980.00 before retreating, with a trading volume of 2,650,7277 indicating active trading but divergent confidence. Technical indicators show that MACD is negative (DIF -64.02, DEA -45.34, MACD -517.50), and RSI is close to 34.14, indicating that it may be in the oversold zone in the short term, with a possibility of a rebound, but it needs to break through the resistance at $107,452.98.
Recently, there have been no major sudden news in the market, but external factors may affect the trend. If the Federal Reserve delays interest rate cuts due to inflation pressure, the rising cost of funds may suppress BTC. The Middle East conflict has pushed up oil prices (Brent crude near $79.04), exacerbating inflation expectations, which may trigger a demand for safe-haven assets, supporting BTC prices. At the same time, the uncertainty of Trump's tariff policy may affect global market sentiment, impacting cryptocurrencies.
In the short term, BTC may fluctuate between $102,345.58 and $107,452.98. If it breaks below the support at $100,372.26, it may further test $99,791.87; if it breaks above $111,980.00, it may restart the upward trend. It is recommended to set stop-loss and take-profit levels and closely monitor the dynamics of the Federal Reserve and geopolitical developments. The current market sentiment is cautious, and investors need to patiently wait for clearer direction.
Important warning: The cryptocurrency market is extremely volatile, and prices may rise or fall sharply in a short period. Investment carries high risks. Please carefully assess your financial situation and avoid excessive leverage. The market is affected by geopolitical factors, regulatory policies, and macroeconomic factors, which carry unpredictability. It is recommended to set stop-loss and take-profit levels, only invest funds you can afford to lose, and closely monitor official announcements and the latest developments. This content is for informational sharing only and does not constitute investment advice; please do your own research and consult professionals.