On the evening of June 16, 2025, Bitcoin recorded a sharp drop of nearly 2%, from $108,800 to the lowest level of nearly $104,400. Although the market is in a state of waiting for official information from the FOMC meeting, selling pressure has appeared early, showing that investor sentiment is becoming increasingly cautious.

📊 Warning signal from technical analysis

According to the trading session on June 13, 2025, a false breakout candle appeared with high liquidity. However, the cash flow did not continue to maintain the upward momentum, especially in the sessions from June 9-10, showing that the buying force was not really strong.

Up to now, Bitcoin has formed a negative reversal candle cluster, reflecting the high possibility that the market will enter a deep shakeout phase, similar to previous strong correction phases:

  • January 31, 2025

  • July 14, 2023

Important technical support zones in the range of $94,000–$87,000 are at risk of being penetrated if this scenario continues to develop

🧠 Institutions may be in a “top distribution” phase

There are signs that the market is entering a narrow volatility phase with low volume, which can easily be mistaken for an “accumulation zone” or “collection phase”. However, this is more likely to be:

  • A distribution phase, with the aim of tricking small investors into buying at the bottom.

  • A preparation phase for a large-scale sell-off, aimed at forcing medium-term investors to exit their positions.

Common strategies during this phase may include:

  • Gently pulling the price to create positive sentiment.

  • Pulling out fake legs to trigger buy orders.

Then pushing the price down sharply when small retail liquidity has entered the market.

🧾 Conclusion

The market is entering a sensitive phase both technically and macro-wise. Bitcoin has formed a negative reversal signal accompanied by weak cash flow, reflecting the risk of a deep correction. Keeping a calm mind, sticking to technical support zones and not rushing to catch the bottom will be the key factor in preserving capital and waiting for clearer opportunities.

$BTC