24TH JUNE LATEST CRYPTO NEWS DIGITAL MAGAZINE

Bitcoin continues to hold strong above the key psychological support at $100,000, which is keeping the bulls hopeful that the uptrend stays intact. Arthur Hayes, the founder of BitMEX, struck a confident tone on X, saying this current phase of weakness will pass, reinforcing Bitcoin’s image as a safe haven asset.

In fact, Bitcoin has shown impressive relative stability during the ongoing geopolitical tensions, outperforming some of the top U.S. equities in terms of volatility. Bitwise Europe’s research head André Dragosch posted data showing Bitcoin’s 60-day realized volatility is sitting around 27–28%, which is now lower than the S&P 500 at 30%, the Nasdaq 100 at 35%, and even the “Magnificent 7” tech stocks at close to 40%.

Bitcoin briefly dipped below the key $100K support on Sunday, triggering a strong bounce as bulls stepped in aggressively to buy the dip — a move reflected in the long lower wick on the daily candle. Although buyers tried to spark a relief rally, they’re now running into selling pressure as BTC climbs higher.

If the price rolls over near current levels or at the moving averages, bears will likely go on the offensive again. A decisive break and close below $100K could open the door to a deeper drop, possibly dragging BTC/USDT down to $93K. On the flip side, if bulls can reclaim the moving averages, momentum may shift in their favor and fuel a push toward the descending trendline. That said, the region between the trendline and the all-time high near $111,980 remains a tough resistance zone where sellers are likely to dig in hard. Ether bounced cleanly from the $2,111 support zone on Sunday, showing that buyers are still active at lower levels. Right now, ETH is trying to reclaim ground above the $2,323 breakdown level, but sellers are putting up a solid fight. If ETH gets rejected again from this zone, the risk of breaking down below $2,111 rises sharply, which could then trigger a selloff all the way to $1,754. That said, bulls aren’t out of the game. A strong push above the 20-day EMA at $2,467 would be a big win for buyers, signaling that $2,111 might now act as a solid floor. In that case, ETH/USDT could be looking at a potential move back toward $2,738.

Lastly please check out the advancement’s happening in the cryptocurrency world

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