🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
🟠 Bitcoin Market Analysis – June 21, 2025
Current BTC price sits around $103,492, after dipping from intraday highs of ~$106,451 and lows of ~$102,609, showing enhanced volatility.
🔹 Support Levels: $103,000 (psychological, recent lows) and $102,600
🔹 Resistance Levels: $106,400 and $108,000
📉 Short-Term (1–3 days):
Price consolidated within a ~$102.6–106.4K range, forming a tight channel. RSI teases neutral zones (~50), while volume is thinning—suggesting an imminent breakout setup.
📈 Mid-Term (1–2 weeks):
If BTC punches and closes above $106.4K, expect a swift push toward $108K–110K, potentially revisiting the all-time high near $111.9K from May 22, 2025 . Conversely, dropping below $103K opens the path to $100K psychological mark with support near $99K–100K.
🔍 Macro & On‑Chain Indicators:
Fed’s recent “hawkish pause” maintained higher interest rate expectations—keeping upward pressure modest .
Strong on‑chain fundamentals: accumulation continues during dips, and derivatives metrics remain balanced—no extreme funding imbalances.
⚠️ Key Triggers to Monitor:
Breaks above $106.4K signaling bullish momentum.
Crack below $103K prompting a swift test of $100K.