๐ Crypto Market Outlook โ June 18, 2025
Bitcoin (BTC): Trading around $104.7K, down ~2.1% on the day. It has rebounded from intraday lows near $103.6K but remains under pressure below the midโ$107K resistance .
Ethereum (ETH): Sitting at $2,521.6, down ~1.9%. ETH bounced off ~$2,461 support but failed to reclaim the $2,600โ$2,650 zone .
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๐ Key Drivers Today
Fedโs FOMC meeting (Juneโฏ18): Market eyes possible dovish signals. If no rate hike occurs and tone softens, BTC could break above $108K. Hawkish cues may drive BTC toward $100Kโ$103K .
Geopolitical calm?: Reduced tensions in the Middle East may support risk assets and provide downside protection near $100K .
Institutional buying: Continued BlackRock and other ETF inflows for BTC strengthen underlying demand .
Stablecoin legislation: U.S. Senate passed the GENIUS Act on stablecoin regulationโholders like USDT and USDC may benefit, reducing market uncertainty .
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๐ Short-Term Forecast
BTC range: Likely to hover between $106Kโ$108K, support near $105.3K, resistance at $108.2K . A break above may push toward $109Kโ110K; a breakdown risks a deeper dip near $103K.
ETH outlook: Consolidation zone between $2,510 and $2,585. A breakout above $2,650 could spark a short squeeze; a drop below $2,510 may test sub-$2,460 levels .
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๐งญ What Traders Can Do
1. Monitor FOMC announcements โ Position before or after depending on risk appetite.
2. Set alerts at critical levels: BTC at $105K/$108K, ETH at $2,510/$2,650.
3. Adjust portfolio โ consider taking profits near top resistance and scaling in near support.
4. Stay updated on stablecoin regulation and ETF inflows โ these shape investor confidence.
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