🔍 Current Situation $BTC as of June 25
Price: $106,818.62 (+1.61%)
RSI(6): ≈71 — entering the overbought zone → potential signal for a short-term correction.
MA(7), MA(25), MA(99): all moving averages are below the current price, indicating a strong upward trend.
Volume: increased on the recent green candles → buyer interest is growing.
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🧠 What this means:
BTC has broken through local resistance levels (106,328 – 106,637) and has already tested 106,892.
RSI warns of a possible pause or pullback, but currently, the momentum remains strong.
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📈 Forecast for today (by the end of the day):
Possible fluctuation in the range of $106,300 – $107,200.
If buying volume remains steady — we might see another test of $107,000–107,500.
However, in case of decreased activity or RSI falling below 65 — a pullback to $106,000–105,800 is possible (retest MA(25)).
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🟢 Signal for traders:
Shorting now is risky due to strong momentum.
Long — only after confirming support at the level of $106,300 or in case of breaking $107,000 with volume.
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🧘♂️ Remember: in the market, it is not the one who trades the most that wins, but the one who waits better.
#BTCanalysis #cryptolive #thinklikeawhale #ScalpingStrategy