June 23, 2025 BTC and ETH Market Analysis
Today, the cryptocurrency market is affected by sudden geopolitical events, leading to increased overall volatility. Bitcoin (BTC) briefly dropped below $100,000 to $98,100 in the morning due to news of US-Iran conflicts, triggering market panic and a chain of liquidations. However, with safe-haven buying entering the market, the price quickly rebounded, and as of now, it has risen to $101,110, with an intraday increase of about 2%. From a technical perspective, the MACD bearish momentum is weakening, and the RSI has entered the oversold zone, indicating a short-term potential for a continued rebound; however, the $105,000 level poses a key resistance, and a breakout still requires confirmed volume. On the fundamental side, despite the uncertainties brought by geopolitical factors, institutional funds continue to flow in, and regulatory clarity is gradually improving, providing medium to long-term support for Bitcoin.
Ethereum (ETH) is showing relatively weaker performance, dipping to $2,111 before a slight rebound, currently trading at $2,243, with a slight intraday decline of 1.59%. The technical indicators for ETH have also entered the oversold area, but the rebound strength is weak, and the MACD has not shown a clear reversal; thus, it is expected to maintain a weak oscillation in the short term. If it cannot stabilize above $2,300 in the future, further correction risks need to be guarded against. On the fundamental side, the development of the ETH ecosystem continues to advance, with the Pectra upgrade and ZK technology enhancing long-term value, but high gas fees and scalability remain constraining factors.
Overall strategy suggests gradually positioning BTC around $99,000, while for ETH, it is advisable to buy low and sell high to cope with the oscillation range. At the same time, it is crucial to pay close attention to the evolution of geopolitical risks and the dynamics of Federal Reserve policies, rationally controlling position sizes and leverage levels to avoid systemic risks.
