Bitcoin price starts a 'normal and healthy' support test as $108K halts bulls.
BTC price returns to retest recently reclaimed levels as Bitcoin analysis flags the 50-day moving average trendline as a "buying opportunity."
Bitcoin cooled its upside at the June 25 Wall Street open as $108,000 became the key breakthrough level for bulls.
BTC price gains paused as whales add exposure
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to consolidation after a snap move to ten-day highs. Having taken liquidity to the upside, Bitcoin rested on a cloud of bids as sellers lined up closer to all-time highs, per data from monitoring resource CoinGlass.
Market participants themselves held divergent views of what might happen next, with smaller investors taking profit while whales and other major entities added exposure. “As $BTC attempts to reclaim $108K, the Accumulation Trend Score shows no unified cohort behavior,” onchain analytics firm Glassnode reported in part of ongoing analysis on X.
“1–10 BTC wallets continue distributing, while 10–100 $BTC are net accumulators. Others show mixed signals, though the overall score has rebounded from 0.25 to 0.57.” Whale accumulation tends to imply faith in further gains to come among Bitcoin's “smart money” cohort.
On May 27, 2025, Bitunix analysts have highlighted the latest data on crypto liquidations near the $108,000 support zone, warning that more liquidations could follow if Bitcoin breaks below this level.
Bitcoin's (BTC) recent volatility has created a notable liquidation pocket, analysts at crypto exchange Bitunix told crypto.news. Specifically, $131 million in longs were liquidated, compared to $79.84 million in short positions.
Bitunix analysts interpret this imbalance as evidence of a long-side wipeout during Bitcoin's recent dip to $108,000. As a result, they caution against entering overly aggressive long positions while BTC trades near this key support.
On June 9, 2025, Bitcoin is holding strong at $108K as ETF inflows and Fed optimism boost sentiment.
Despite a jittery macro backdrop, the world's largest crypto is hovering above $108K—a critical psychological and technical level. This move comes as investors eye next week's Fed meeting, where interest rate guidance could shake or shape the market. Meanwhile, shorts are getting wrecked. Liquidations in the past 24 hours hit $155 million, with $81 million tied to BTC positions alone, according to Coinglass data.
On June 26, 2025, Bitcoin price trades around $107,400. If BTC continues its upward trend, it could extend the rally toward its May 22 all-time high at $111,980. A successful close above this level could extend additional gains to set a new all-time high at $120,000.