In June 2025, Bitcoin (BTC) and Ethereum (ETH) in the cryptocurrency market continue to be influenced by multiple factors.
Currently, the BTC price is stable at around $105,700, which is its key support level. If it falls below this level, it may trigger further adjustments, with lower support potentially around $100,000 or even $95,000. The upper resistance level is between $115,000 and $120,000. A breakthrough in this area would create stronger upward momentum. Its Relative Strength Index (RSI) is around 55, not in the overbought zone, indicating that the market still has room for growth, and the MACD line shows a golden cross, indicating strong short-term upward momentum. Recently, institutional capital inflow has increased its influence on the Bitcoin market, providing support for its price.
ETH has strong support around $2,600, which has been tested multiple times but not significantly broken. The upper resistance level is in the $2,800 to $3,000 range. A breakthrough here may attract more funds and drive the price to higher levels. The RSI for ETH is around 60, indicating upward potential, while the MACD line shows strong bullish momentum, in a bullish arrangement. Trading volume has increased as the price approaches the support level, indicating strong market buying power. As a major platform for DeFi and NFTs, the demand for Ethereum is continuously increasing with the gradual rollout of Ethereum 2.0 and the ongoing growth of related applications and protocols in the ecosystem, leading to increased institutional capital inflow and pushing up prices.
In terms of the macro economy, the Federal Reserve continues to maintain interest rates at a high level. Although the interest rate hike cycle may be temporarily paused, uncertainty still exists. The global regulatory attitude towards cryptocurrencies is gradually clarifying, with the United States and the European Union strengthening oversight of virtual currency-related institutions. This will have a long-term impact on the market, potentially leading to more compliance requirements and subsequently affecting price fluctuations.
Despite some uncertainties in the current market, Bitcoin and Ethereum still have significant upside potential in the medium to long term, driven by developments in DeFi, NFTs, and the digital currency sector. Investors should closely monitor the breakthrough of key support and resistance levels in the current volatile pattern, and make reasonable investment decisions based on technical analysis and market trends.
