BTC: As of June 25, 2025, the current price of BTC is $106,900; the closing pattern yesterday was a "small bullish candle," showing a shrinking volume increase pattern, reflecting that the short-term bulls have a slight advantage.
On-chain data shows that the net inflow of Bitcoin ETFs in the US yesterday was 5,590 coins, worth $589 million, indicating strong institutional confidence. As the price rises, the turnover rate has significantly increased, with bottom-fishing players becoming the main force in turnover over the past two days. The price changes once again verify the accuracy of the support from on-chain chips, with the $93,000 to $98,000 range still being the most stable support level. Players in this range have withstood the market test, and unless faced with systemic risks, the likelihood of large-scale panic selling is low, resulting in little downward pressure on prices. The stability of the $100,500 to $105,000 range is also gradually strengthening, but due to the short formation time, player confidence still needs to be further validated. Currently, the Bitcoin storage in the $104,000 to $105,000 range has exceeded 1.27 million coins, and the upward price pressure has not been completely eliminated.
On a macro level, Powell stated that there is little possibility of an interest rate cut in July due to tariff impacts, with September being a more appropriate window for rate cuts, while emphasizing that the US economy is resilient and the labor market is stable, with no need to ease employment pressure through rate cuts. In this context, it is somewhat reasonable for Bitcoin prices to return to and stabilize around $106,000. However, it should be noted that the Middle East war has not fully ended, and the ceasefire agreement is quite fragile; if the agreement breaks down or new variables arise, the market will once again fall into severe fluctuations.
In summary, Bitcoin is still in a rebound trend after being oversold at this stage, and there may be further rebound space in the short term, but the height of the rebound may be limited, and caution is needed for the risk of a pullback after a surge. In addition, the concentration of Bitcoin chips has approached a critical threshold, and the market may face severe fluctuations.
Long-term entry points: $88,800 - $89,100 range; $82,500 - $82,800 range;
Position allocation suggestion: Long-term BTC should account for 50% of the total position;
The information and data in this content are sourced from publicly available materials and strive to be accurate and reliable, but no guarantees are made regarding the accuracy and completeness of the information. This content does not constitute investment advice, and any investment based on it is done at your own risk.
