As of June 25, 2026, Bitcoin has fallen below the key psychological level of **$60,000**, hitting a nearly six-month low. It dropped over 4% in the past 24 hours, briefly dipping to **$59,023**.

**Key Background**

· Brutal data: Nearly 180k positions were liquidated in the past 24 hours, with total liquidations reaching up to **$984 million**.
· Capital retreat: ETFs continue to see net outflows, with clear institutional selling pressure; coupled with the impending quarterly settlement of approximately **$10 billion** in options on Friday, market volatility is likely to intensify further.
· Macro linkage: The sell-off in U.S. tech stocks and the sharp decline in the South Korean stock market have dragged down Bitcoin as a risk asset.

**Key Levels Today**
The bearish trend is clear, with limited rebound strength:

· Upper strong resistance: **$61,400 - $62,500** (former support turned resistance, moving average suppression zone).
· Lower key support: **$58,200 - $59,000** (if lost, it will open up space toward **$55,500 - $57,000**).

**Strategy Reference**

· Go short with the trend (safer): If a rebound near **$61,400 - $61,800** faces clear rejection, consider a light short position with a target of **$59,500 - $59,000**.
· Aggressive entry: If the price effectively breaks below the key level of **$59,000**, consider a light short position with strict stop-loss.
· Left-side DCA: For long-term spot positions, some viewpoints suggest considering light incremental entries below **$60,000**, but position management must be strictly enforced.

**Risk Warning**: The probability of being stopped out increases in a high-volatility environment. Strictly control position sizes; heavy bottom-fishing is not recommended.
#比特币 #以太坊