Bitcoin Market Trend Analysis 20250622

Hourly level shows a narrow range fluctuation during the day, starting to decline in the early morning today, influenced by news of the U.S. bombing Iranian nuclear facilities, dropping to around 100838 before forming a quick rebound.

The daily line is a bearish candle with upper and lower shadows, and the trading volume is slightly more than two-thirds of the previous day. The daily MA30 line is still in a downward trend, the MACD fast line has crossed below the zero axis, and the slow line is still just above the zero axis, about to cross below it. The price briefly fell below the support of the daily EMA52 line; the subsequent rise is merely a rebound, not a reversal.

After the price rebounds, it will further decline to lower positions to seek support, and the round number of $100000 will definitely be broken. We will wait and see.

Daily level resistance levels are 106580-110300-120400-130000, and support levels are 97650-95930-93910.