As of June 26, 2025, BTC/USD (Bitcoin/US Dollar) is hovering in the upper $107,000 range on the 1-hour chart. Although it briefly broke above $108,000 in the past few hours, profit-taking pressure has brought it back into a consolidation phase. Reviewing the past two days, the pair has rebounded from the lows and is now trading in a tight range near recent highs.
This article utilizes technical analysis to assess the short-term trend direction, key price levels to watch, and potential entry/exit strategies.
On the chart, the short-term moving average (blue MA50) is clearly above the mid-term moving average (red MA200), indicating a strong upward trend. This structure resembles a “golden cross,” often seen as a bullish continuation signal.
The current price is stably above both moving averages, suggesting that a "buy the dip" approach remains valid. The gradual upward slope of the MA50 also confirms ongoing mid-term buying pressure.
The MACD line remains above the signal line, indicating continued bullish momentum. However, the narrowing histogram suggests a potential loss of momentum.
This may lead to short-term stagnation or even downward pressure in high price zones. Still, unless the MACD forms a bearish crossover, a full trend reversal is not confirmed.
The ADX (Average Directional Index) remains around the 60 level, indicating a strong recent trend. However, there are signs of a slight decline, suggesting the trend may be peaking.
In such cases, markets often shift to range-bound behavior, so traders might consider breakout strategies or range-trading setups that anticipate lower volatility.
Recent price action shows declining volume, suggesting energy is building. While price remains sideways near the highs, any new catalyst could reintroduce volatility.
Particular attention is on the $108,000 level — a clear breakout here could trigger strong buying. Conversely, a break below $107,000 could signal short-term downside risk.
| Level | Price | Significance |
|---|---|---|
| Short-Term Resistance | $108,000 | Multiple upper wicks, rejection at highs |
| Next Target | $108,500 | Psychological level and prior recovery high |
| Short-Term Support | $107,000 | Recent low area; break could accelerate decline |
| Mid-Term Support | $106,000 | Intersection with MA50 and key volume zone |
BTC/USD is currently locked in a battle near recent highs, making this a critical phase to determine whether the uptrend will continue or reverse. While momentum indicators are showing slight deceleration, the overall trend remains intact — making dips near $107,000 potential buy opportunities.
If a breakout above $108,000 is confirmed, it could signal the beginning of a new bullish phase. On the other hand, a break below $107,000 warrants caution and stronger risk management.
Given upcoming economic data releases and shifting market sentiment, flexibility and responsiveness will be essential for traders in the sessions ahead.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. All trading involves risk and should be conducted based on your own judgment.
This article is for informational purposes only and does not constitute investment advice. Please make all trading decisions based on your own judgment and responsibility.
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