🔥 Market Update - 12th June 2025
Bitcoin is currently trading around $107.65K, sitting just above key support at $107K–$107.5K after a pullback from its recent high near $110K . Given the CPI data pointing to declining inflation, there are expectations of potentially more downside or consolidation in the near term .
💡 My Take on What’s Ahead
1. 🔻 Liquidity Re-Test
That $106,269 liquidity zone is gaining relevance, if BTC breaks below immediate support, expect a swift move toward $106.3K.
2. 🛡️ Support Watch
$107K–$107.5K: Short-term defense line.
$106.27K: Liquidity pocket to play out.
3. ⚙️ Altcoin Reaction
If BTC flows into $106.3K, ETH could revisit $2,509 and SOL $151.83.
4. 📈 What Could Keep BTC Bullish?
Eventual bounce off $106.3K with institutional buying momentum.
Macro boost: softer inflation, Fed rate cuts, and heat in alternatives like ETFs putting pressure on support volume.
📊 My Suggestions
🔍 Market Snapshot: BTC at $107.6K, facing key support.
📌 Trade Setup:
• Watch support at $107K–$107.5K for signs of holding.
• If broken, target $106.27K liquidity zone.
• Plan altcoin outlook: ETH at $2.5K, SOL at $151.8.
🧠 Pro Tip:
Be patient avoid chasing dips. Use zone-based entries and tight stop‑losses below liquidity (−1%).
⚠️ Watchouts:
Be ready for volatility driven by inflation data or institutional flows.