Wednesday, June 25, 2025
In the early hours, the cryptocurrency market continues its volatile trend, with Bitcoin's price fluctuating around key levels. As of now, it hovers around 106,000, with both bulls and bears locked in a stalemate. Ethereum's movement closely follows Bitcoin's rhythm, with the current coin price fluctuating narrowly around 2,450, lacking a clear directional breakout momentum.
From the 4-hour technical chart observation, the market presents a corrective rebound pattern with upward fluctuations. After undergoing a deep adjustment, bullish forces are gradually consolidating, pushing the price to recover some lost ground. However, the candlestick combination indicates that the rebound still appears weak, with the middle band of the Bollinger Bands forming a strong resistance zone, continuously suppressing the price from rising further. Based on comprehensive technical indicators and market performance, the market on Wednesday is likely to continue a weak volatile trend, and it is recommended to seize range trading opportunities.
In terms of trading, I personally suggest that Bitcoin can be shorted around 106,500, with a target set at around 103,500!
For Ethereum, if it rebounds to around 2,480, you may attempt to short with a light position, targeting around 2,350 for short-term gains! #币安HODLer空投SAHARA