BTC: As of June 23, 2025, the current price of BTC is $101,500; yesterday's closing pattern was 'high winds and rough seas', with trading volume expanding, indicating strong short-term bearish pressure. On-chain data shows that BTC is currently in an oversold state, and panic sentiment has been amplified by some players, with the decline exceeding expectations for high liquidity working days. On a macro level, several Federal Reserve officials (Bowman, Hamark, Powell) will speak on monetary policy this week, combined with the U.S. imposing a 50% tariff on steel appliances and events like the NATO summit, geopolitical uncertainties may continue to suppress the market. Overall, the price range of $93,000 to $98,000 has been historically verified as a strong support zone, with conditions for short-term bottoming. The current BTC price stabilizes above the support level, and geopolitical conflicts are the main bearish factors. In the short term, BTC may experience an oversold rebound, but the height of the rebound will be limited. If subsequent macro data (such as the May Core PCE Price Index) falls short of expectations, another drop may occur. Long-term entry points: $88,800-$89,100 range; $82,500-$82,800 range; Position allocation suggestion: Long-term BTC should account for 50% of the total position; The information and data in this content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantees are made regarding the accuracy and completeness of the information. This content does not constitute investment advice; investing based on it is at your own risk.