On June 24th, US President Trump announced a ceasefire between Israel and Iran, significantly alleviating market risk sentiment. The crypto market quickly responded, with Bitcoin briefly breaking through $106,000, surging over $6,000 in a single day, and market sentiment visibly warming up. However, there are still disagreements about whether this rally can be sustained.
@EasyEatsBodega:
The high point continues to move downward, and caution is still maintained. BTC needs to firmly stand above 106K to potentially launch a stronger rebound, otherwise it tends to retrace to 94-96K.
Source: https://x.com/EasyEatsBodega/status/1937281031939162423
@Bluntz_Capital:
BTC may have completed a standard ABC rebound structure, with short-term targets pointing to historical highs.
Source:https://x.com/Bluntz_Capital/status/1937251590534234571
@UltraGavin:
BTC symmetric ABC wave structure is complete, with the next target at 112K.
There is a 60% probability of starting a bear market at the Double Top of 112K, and a 40% probability of a five-wave move from 99K to 125K.
Source: https://x.com/UltraGavin/status/1937316336721625271
@CryptoPainter_X:
Spot-led rebound, with futures main force weakening. Once 107K is cleared, if there is no significant pullback, it may directly rush to 112K-113K; if there's a needle reversal, caution is needed for a short-term pullback to 102K. Personal preference is for a steady script: first retracement, then attack.
Source: https://x.com/CryptoPainter_X/status/1937331480885362941