Market Outlook
Voice (Full Version)
Text (AI Summary)
On June 24, 2025, Bitcoin's market continues to maintain the previously predicted wide-ranging volatility, with a range roughly between $98,760 and $106,000. The current price has reached the upper end of the range, spiking short-term due to news of negotiations between Iran and Israel, but the area around $106,000 has instead formed a new resistance level. Overall, the probability of a major upward wave starting is no more than 20%. A breakthrough of the current range is only possible if extremely favorable conditions occur simultaneously, such as a very positive June CPI, a complete removal of tariffs, or a rate cut by the Federal Reserve in July. In terms of operations, it is recommended to sell high and buy low. Investors holding positions may consider reducing or liquidating their holdings, keeping only a base position, or even attempting to short with a light position, setting stop-loss near the previous high. Regarding altcoins, pay attention to strong coins like FARTCOIN, SPX, HYPE, etc., which have shown significant gains during the rebound. However, if these coins continue to weaken, it indicates that the overall market rebound has not truly started. The overall suggestion is to maintain a volatile mindset during the period from June to August, control positions, and prioritize structural opportunities.
Show original4K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.