June 25

Bitcoin Evening
Key Influencing Factors Analysis
1. Persistent Fed Hawkish Pressure
Market pricing still expects 1-2 rate hikes within 2026, USD continues to strengthen, high-yield bonds divert funds, Bitcoin as a non-yield risky asset remains under pressure; Spot Bitcoin and Ethereum have seen net fund outflows for six consecutive weeks, institutional buying continues to shrink.
2. Massive Options Expiry Tomorrow (6.26)
Nearly $10 billion worth of Bitcoin options on Deribit are concentrated for delivery, with a large number of put options below $60,000 facing exercise selling pressure. It will be difficult for bulls to launch a sustained counterattack tonight, and selling pressure will continue to suppress the market.
3. Fund Diversion Effect
Global funds continue to pour into the AI industry chain, with both retail and institutional investors withdrawing from the crypto market. No new funds are entering, and any rebounds are merely oversold repairs using existing funds. Without volume, it's hard to sustain an uptrend.
Technical Analysis
Daily: All lines have broken below the 15/30/60-day moving averages, with the moving averages in a bearish arrangement and multiple layers of resistance above; MACD is bearish below the zero line, with green bars continuing to expand, indicating that downward momentum is not exhausted; Bollinger Bands are opening downwards, with price trading near the lower band. There is only a technical oversold rebound, no bottom structure.
Strategy: Short at 61200-61500, stop loss at 62100, targets 60k-59000, if broken, look at 58000.
Disclaimer: Investment involves risk, enter the market with caution.
#BTC下探60000美元关键关口 $BTC