June 25, 2025 Cryptocurrency Market Analysis: Continued Fluctuation Pattern, Beware of Short-Term Correction Risks
Today, the overall cryptocurrency market continues to show a fluctuating trend, with Bitcoin and Ethereum diverging in performance, and market sentiment leaning towards caution. As of 15:56, Bitcoin (BTC) is priced at $106,688, with an intraday fluctuation of less than 1%, indicating a strong wait-and-see attitude among investors. From a technical perspective, BTC is holding above the 5-day moving average support, but is constrained by the 20-day moving average resistance. The MACD histogram remains positive but is gradually shortening, suggesting weakening bullish momentum. If the price can effectively break through the $106,791 resistance, it may further test the previous high of $111,953; conversely, if it falls below the $105,808 support, short-term correction pressure should be watched closely.
Ethereum (ETH) is performing relatively weaker, priced at $2,444.57, with a slight intraday decrease of 0.16%. Currently, ETH is under pressure from the MA30 moving average, the KDJ indicator has entered the overbought zone, and the MACD is also showing a divergence signal in volume and price, indicating a short-term correction risk from a technical standpoint. Support below is focused on $2,141, and if it falls below, it may test the $2,000 round number; resistance above is concentrated at $2,490.
From a funding perspective, Bitcoin exchange balances continue to decline, and long-term holders remain reluctant to sell, but on-chain data shows signs of selling from some large holders, and institutional profit-taking may become a hidden risk. Ethereum network gas fees remain low, reflecting subdued DeFi activity. However, the collaboration between Mastercard and Chainlink to expand fiat deposit channels may provide medium to long-term support for ETH.
On the news front, the U.S. Senate is about to review the digital asset legislation draft, and eight major banks in South Korea are advancing the Korean won stablecoin plan, accelerating regional compliance, which is expected to bring institutional dividends to the market. However, in the short term, it is necessary to be cautious of potential volatility brought by technical corrections and macro policy changes.
