Crypto Circle Li Ying: On June 24, Bitcoin's rebound is weak, and it may fall into a deep correction in the future! Will Ethereum turn the tide? Is the rebound just a fleeting moment or a new hope? Latest market analysis
Crypto Circle Li Ying: Latest market analysis for Bitcoin on June 24
Article release time: June 24, 2025 — 00:10
Current Bitcoin price: 101,450. Li Ying observes that the current market shows a weak oscillating trend. After finding support around 98,200, a short-term rebound occurred, but the rebound strength failed to effectively break through the key resistance level. Short-term momentum is insufficient, so Li Ying believes that in the short term, the market shows signs of a rebound. The MACD red bar elongation indicates a short-term bullish attempt to recover. The TD indicator suggests that a temporary low point has formed, and the price may continue to oscillate and consolidate around the support of 98,200. However, the rebound strength is limited, and pressure from the Bollinger Bands and moving average system may still restrict upward space. Finally, Li Ying suggests controlling risk and mainly observing. Short-term traders can tentatively position themselves with light exposure near the 98,200 support level, but should pay attention to changes in volume and whether the price can effectively break through the MA7 and the middle track of the Bollinger Bands.
Today's Li Ying target prediction
Long position entry at 98,000, add at 97,000, stop loss at 500 points, target 101,500
Short position entry at 103,000, add at 104,000, stop loss at 500 points, target 100,000
Ethereum analysis
Current Ethereum price: 2,250. Li Ying analyzes that the recent price has rebounded, but still remains at a low position, with an overall weak trend. Therefore, Li Ying believes that in the short term, the price may oscillate between 2,250 and 2,300. The mid-term moving average MA30 and the 2,300 resistance level constitute significant pressure, and the strength of the rebound needs further confirmation. Finally, Li Ying recommends a cautious approach, focusing on whether the 2,300 resistance level can be broken. If the price pulls back near the support level of 2,111 but does not break, a light position can be attempted for a low buy; if the price breaks and stabilizes above 2,300, then consider following up moderately; otherwise, maintain a wait-and-see approach. In summary, pressure still exists, and it is not advisable to chase higher prices.
Today's reference points
Long position entry at 2,190, add at 2,150, stop loss at 30 points, target 2,250
Short position entry at 2,300, add at 2,350, stop loss at 30 points, target 2,180
The above analysis is based on market data and trend analysis of the order book by Li Ying and does not constitute investment advice. For family reference: $BTC