Comprehensive Analysis of Bitcoin Market Trends on June 10, 2025

1. Price Trends and Intraday Volatility

Morning Surge: Bitcoin quickly rose from a low of $105,253 early this morning, reaching a high of $108,100, and then oscillated below the $108,000 mark. As of the time of writing, the price remains around $108,200, with an intraday increase of about 2.8%, continuing the momentum from yesterday afternoon's rebound.

Key Resistance and Support: The current price faces strong resistance at $108,800 (previous high resistance level), and if broken, it may challenge $110,000; the support levels below are $107,500 (Bollinger Bands middle line) and $106,000 (EMA15), and if it falls below, it may retest $105,000.

2. Interpretation of Technical Signals

Bullish Momentum Weakening: The hourly MACD shows a shortening histogram, and the KDJ indicator is hovering in the overbought zone (RSI around 73), indicating a possible technical pullback in the short term.

Trend Structure: The daily level still maintains an upward channel, with the EMA7 crossing above the EMA30/120 forming a bullish arrangement, and the Bollinger Bands are expanding, indicating that the medium to long-term trend remains unchanged.

Volume Coordination: During the rebound, trading volume has not significantly increased, indicating limited market willingness to pursue higher prices, and caution is needed for high-level oscillation risks.

3. Market Sentiment and Influencing Factors

Bullish Factors:

The U.S. dollar index's correction and geopolitical tensions (such as the Russia-Ukraine situation) provide safe-haven support.

Institutional investors (such as Grayscale, Fidelity, etc.) continue to enter the market, driving long-term bullish expectations.

Bearish Pressure:

The Federal Reserve's expectation for interest rate cuts this year has cooled, and U.S. Treasury yields are declining, suppressing the short-term performance of risk assets.

Accumulation of profit-taking after consecutive rises increases the pressure for a technical pullback.

4. Operational Strategy Suggestions

Bullish Strategy: If the price stabilizes above $107,500, one can take a light long position with a target of $108,800-$110,000 and set a stop loss below $106,000.

Bearish Strategy: If the price falls below $107,000, one can short sell with a target of $106,000-$105,000 and a stop loss above $108,000.

Risk Warning: Current market volatility is high, strict stop-loss measures are required to avoid emotional trading.

5. Future Market Outlook

In the short term, Bitcoin may maintain a range of $105,000-$110,000, digesting previous gains and testing key resistance. If it breaks above $110,000, a new round of accelerated upward movement may begin; if it falls below $105,000, caution is advised for a deep correction towards $100,000. In the medium to long term, institutional capital inflows and halving cycle effects continue to provide fundamental support for Bitcoin.

Data Source: Comprehensive analysis from market analysts, technical indicators, and macroeconomic factors. Investors are advised to make decisions based on real-time market conditions and their own risk preferences.