Market Overview
Bitcoin is trading at $107,300 (as of June 28, 2025), within a consolidation range between the support level of $106,350 and the resistance level of $108,500. Such low price volatility often precedes major directional moves, with technical indicators showing mixed signals while prices remain near the upper Bollinger Band.
Key Market Drivers
Institutional momentum continues with purchases from companies like BlackRock and Fidelity, along with capital inflows into exchange-traded funds (ETFs). Whale accumulation suggests a potential rally toward the $120,000 target, while selling pressure near resistance and regulatory uncertainty act as counterweights. For further analysis, refer to the “Chan Method” and “Rebuild Strategy.”
Trading Strategy
The buy/sell ratio (37.66 standard, 1.17 USDT) indicates positioning bias. Consider the following:
• Sideways trading strategies with strict stop orders
• Accumulation near the $106,350 level
• Monitoring the $108,500 level for breakout confirmation
• Tracking liquidation data to assess volatility risk
Trader sentiment is 81% bullish, with focus on potential monetary easing by the Federal Reserve and Layer 2 innovations. However, experienced traders remain cautious around the psychological resistance level.$BTC