Analysis of the Market on June 25th

The war has ceased, and the market has reversed.

The cryptocurrency market has once again made the retail investors pay the price.

The short-term resistance for Bitcoin is around 108,000.

The short-term support for Bitcoin is around 104,000.

Currently, the daily chart shows a bullish trend without any bearish reversal yet.

Thus, the market remains strong; the altcoin trading volume is at its lowest in four years. Personally, I think it won't drop much more. The market currently lacks good news and funds, so it can't rise significantly either. Swing trading is more suitable for the current market condition! #鲍威尔半年度货币政策证词 #以色列伊朗冲突