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Crypto Community Scholar: June 23, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 102,400. It is now 1:30 AM Beijing time. The downward strategy of 102,000 mentioned in yesterday's article was effective. You can review it. Following the trend only requires identifying support and resistance levels to attempt to capture entry and exit points. I have already exited part of my position at the 100,000 mark and will watch for previous lows. For practical details, you can refer to the trading records. If the market rebounds, it may test the upper trend resistance level. If it breaks down, it will turn bullish; if it does not break down, it will continue.

The daily K-line shows a high of 102,600 and a low of 99,600, which just retraced to the EMA90 trend support before a pullback. It has now returned to the 101,000 mark, indicating that the trend support is effective. The next level is the trend resistance at 102,000, which remains the unchanged entry point for the downward strategy. The MACD is continuously decreasing in volume while accumulating, with bears increasing. Both DIF and DEA have fallen below the 0 axis, and the Bollinger Bands are expanding downward, with the lower band at 99,930. The middle band resistance is still at 105,000, but the market is in an extremely overbought area, indicating limited space below, and the opportunity for upward movement is approaching. Those holding positions for a downward trend should find a point to take profits for safety.

In the four-hour K-line, we can see that the highest point just hit the entry point for the downward strategy shown in yesterday's article, which is the EMA30 trend support line. The top resistance level is continuously moving downward, and the support level has not changed significantly, indicating that the main force is likely to consolidate around the 100,000 mark. The MACD shows a bottom divergence trend forming, and the main force is clearly selling back and forth after a quick pullback following a downward spike. Although the DIF and DEA golden cross has formed, it is still below the 0 axis, indicating that the overall trend remains bearish. The strategy is primarily to open short positions at resistance levels, with long positions as a supplement.

Short-term Reference: The market is never 100% certain, so always set stop-losses. Safety first; the goal is to minimize losses and maximize gains.

For the downward trial entry point, it is 102,000 to 102,500, with a defense at 103,000, a stop-loss of 500 points, and a target of 101,000 to 100,000. If it breaks, look at 99,000.

For the upward reference point, it is 98,000 to 97,500, with a defense at 97,000, a stop-loss of 500 points, and a target of 98,500 to 99,000. If it breaks, look at 100,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are to be borne by the reader.

This article is exclusively contributed by the Crypto Community Scholar and represents the scholar's unique perspective. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are to be borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market; when the trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. The way of heaven rewards diligence, the way of earth rewards goodness, the way of humanity rewards sincerity, the way of business rewards trust, the way of industry rewards excellence, and the way of art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Community Scholar wishes you happy investing!

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