As of June 4, 2025, the cryptocurrency market is showing mixed trends. Bitcoin recorded 144,999,892 won, declining 0.71% over 24 hours. With a strong resistance line formed between $106,000 and $106,500, additional increases are limited, while receiving support above the Fibonacci retracement 0.236 level at $103,145, the possibility of a sharp declineement remains low.
According to technical analysis, the 20-day and 50-day moving averages are concentrated between $105,160 and $105,940, and there are concerns about further decline if this range is not broken. Particularly, Bitcoin investors have realized profits exceeding $500 million per hour three times in the last 24 hours, increasing short-term selling pressure.
Ethereum declined by 1.3% to 3,588,844 won, showing movement linked to Bitcoin amid weakening overall market sentiment. The 24-hour trading volume was recorded at $12 billion. While there is a possibility of a rebound near the main support line the-cannot be ruled out.
XRP rose 1.59% over 24 hours to 3.,094 won, showing the only upward trend among major cryptocurrencies. A test of the support line near $2.2765 is expected its independent price movement to is attracting investors.
Solana is trading around 215,545 won, maintaining the 210,000 won range. The large-scale token unlock scheduled in June is expected to increase altcoin market volatility. Specifically, lock releases of $$2.7 billion are planned, including Layer Zero (ZRO) on June 20, Aptos (APT) on June 12, and Fast Token (FTN) on June 18.
Meanwhile, in BTC-related news, it was, confirmed that a US congressional congressional member purchased purchased Bitcoin up to $850,000,000 over four times 2025Some transactions exceeded public disclosure regulations, and the member member is controversial due to connections with former President Trump.
Overall, Bitcoin's 24-hour trading volume recorded $25 billion on Coinand25 aken, showing high trading activity. This reflects market participants active position adjustments and uncertainty about price prospects.
The movements of major cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Solana will serve as key indicators affecting future market direction, and investors will it is necessary toified to prepare strategies comprehensively considering technical analysis and market trends.
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