Overview of BTC/USDT Market on June 15, 2025
Bitcoin (BTC) is currently trading at approximately 104,800 USDT, down 0.59% in the last 24 hours, down 0.72% over the past week, but up 0.99% in the last month, with an impressive annual increase of 58.65%. Last week, BTC briefly broke through the local high of 110,000 USDT, but is currently testing key technical support levels.
According to TradingView's technical indicators, the current market signals are neutral: oscillators and moving averages do not show a clear advantage for bulls or bears. There are signs of a slowing trend in the short term, while bearish sentiment is strong in the 15-minute timeframe—82% of moving average signals point to a decline.
On-chain data indicates that retail investors are cutting losses and exiting, while institutional funds are quietly accumulating positions, which is usually a precursor to a market upturn. The RSI is currently at 48, indicating neutral momentum, but if selling pressure intensifies, it could enter the oversold territory.
In the short term, there is a risk of Bitcoin dipping to 60,000 USDT, but in the long term, thanks to the activity of 'smart money', the overall outlook remains optimistic.
