According to CoinDesk, Bitcoin (BTC) fell 2.9% and the CoinDesk 20 Index dropped 6.1% amid Israeli airstrikes on Iran, which caused a global risk-off sentiment and led to $1.16 billion in liquidations, as reported by CoinGlass. Solana (SOL) declined nearly 9.5% despite earlier gains from ETF speculation, with Wintermute trader Jake Ostrovskis noting the market is now underexposed to SOL. Velo data shows derivatives open interest plunged to $49.31 billion, and Deribit indicates increased put/call ratios for BTC and ETH, signaling rising demand for downside protection.

According to @Acyn, the crypto industry is losing its foundational cypherpunk values, citing Coinbase's sponsorship of political events like a Trump-affiliated military parade (source: tweet) and FTX's corruption scandals. This ideological dilution could heighten regulatory scrutiny and erode investor trust, potentially increasing volatility in major cryptocurrencies such as BTC and ETH.

According to a crypto market analyst, the co-optation of cypherpunk values by entities like Coinbase, as seen in their sponsorship of political events (source: @Acyn tweet), could heighten regulatory risks and market volatility. This may impact cryptocurrencies such as BTC and ETH, despite recent price surges, emphasizing the need for traders to monitor corporate-political alignments.

According to Acyn, the dilution of cypherpunk ideals in crypto, as evidenced by Coinbase's political sponsorships and Ripple's lobbying activities, could heighten regulatory risks and market volatility, potentially impacting trading strategies for cryptocurrencies like BTC and ETH.

According to Acyn (@Acyn), Coinbase's sponsorship of a political military parade raises ethical concerns about crypto's cypherpunk roots, potentially increasing regulatory scrutiny on exchanges like Coinbase (COIN) and fueling market volatility for cryptocurrencies such as BTC and XRP. Ripple's aggressive lobbying in D.C., as cited, could heighten legal uncertainties, impacting XRP's price stability and overall crypto market sentiment.

According to Mihir (@RhythmicAnalyst), the most important trend update for Bitcoin (BTC) highlights the $73,000 to $90,000 range as a crucial support zone. Traders should not assume a breakdown above this range, while believing the trend remains strong below it would be misguided. This clear support zone provides strategic insight for Bitcoin swing traders and day traders, informing risk management and entry/exit strategies in the current market environment (Source: @RhythmicAnalyst on Twitter, June 23, 2025).

According to Mihir (@RhythmicAnalyst), crude oil is approaching a breakout level after a strong rebound from the S2 support. If the upward momentum continues, it is expected to be inflationary, which could result in higher input costs across global markets. This inflationary pressure typically impacts financial markets, including cryptocurrencies like BTC and ETH, with a time lag as older inventories are replaced by higher-priced oil. Traders should monitor crude oil price movements closely, as rising energy costs often correlate with increased volatility and risk-off sentiment in both traditional and crypto markets. Source: Mihir (@RhythmicAnalyst) on Twitter, June 23, 2025.

According to @tradingcharts, recent data indicates that gold's price action remains confined within a well-defined consolidation range, making it challenging for the asset to achieve new highs in the short term. Last month’s rebound was strong, but similar moves have occurred previously during consolidation phases. Traders should closely watch the current range’s upper and lower boundaries for breakout signals, as a move beyond these levels will likely dictate the next major trend. These developments are relevant for crypto traders as gold’s risk-off movement can impact capital flows into digital assets such as BTC and ETH (source: @tradingcharts).

According to Mihir (@RhythmicAnalyst), traders who reacted to Bitcoin (BTC) temporarily dipping below the $100,000 level acted prematurely, emphasizing that the daily closing price is the most significant indicator for trading decisions (source: Twitter, June 22, 2025). This perspective highlights the importance of waiting for confirmed close prices before making BTC trades, as intraday volatility can trigger false signals. For crypto traders, focusing on official closing prices can help avoid unnecessary liquidations and improve BTC position management, especially at critical psychological thresholds like $100,000. This approach is crucial for navigating Bitcoin's price swings in volatile markets.

According to Mihir (@RhythmicAnalyst) on Twitter, XRP has reached a significant support level, indicating that bearish momentum may be slowing and the asset is not considered 'dead' yet (source: Twitter, June 22, 2025). For active traders, this support zone could provide a potential buying opportunity or a level to watch for a trend reversal. Monitoring price action near this support is crucial for short-term XRP trading strategies.

According to Mihir (@RhythmicAnalyst), future prices in the cryptocurrency market are inherently unpredictable, but support and resistance zones provide forward-looking guidance for traders (source: Twitter, June 22, 2025). Mihir emphasizes that while analysts can leverage historical trends to identify these zones, they cannot forecast exact price levels. This insight is crucial for active traders seeking to optimize entry and exit points using technical analysis rather than relying on price predictions.

According to Mihir (@RhythmicAnalyst), the support line near $100k is currently holding up the BTC price, serving as an immediate defense for Bitcoin traders (Source: Twitter, June 22, 2025). This critical technical level is preventing further downside volatility and is likely to attract renewed buying interest if sustained. Traders are closely monitoring this support for potential bullish momentum or breakdown risks in the short term. Market participants should watch volume and order book activity near this level for actionable trading signals.

According to Mihir (@RhythmicAnalyst), each major support zone in price action trading presents an opportunity for price recovery, as these zones act as critical barriers against further declines. When immediate support fails, the next lower support zone becomes the new defense, often guiding traders to adjust their stop-loss levels or entry points accordingly. If a support zone successfully results in a price bounce, it signals potential bullish momentum and can trigger increased buying activity. This stepwise analysis of support levels is essential for short-term crypto traders seeking to optimize entry and exit strategies, especially in volatile markets (source: Mihir on Twitter, June 22, 2025).

According to Mihir (@RhythmicAnalyst), AAVE has reached a significant support level, marking a key decision point for traders. This support area is crucial as it could determine whether AAVE (AAVE/USD) experiences a rebound or a further decline. Traders are watching this technical level closely to assess potential long or short positions, as a break below could trigger additional downside, while a bounce might signal a reversal opportunity (Source: Twitter/@RhythmicAnalyst, June 22, 2025).

According to Mihir (@RhythmicAnalyst) on Twitter, the recent breakout in crude oil prices is expected to drive prices higher, signaling increased inflationary pressure. This aligns with technical chart patterns indicating a bullish breakout in crude oil. For cryptocurrency traders, rising oil prices often lead to risk-off sentiment in traditional markets, which may increase volatility for assets such as BTC and ETH. Monitoring macroeconomic indicators and crude oil trends is crucial for adjusting crypto trading strategies in response to inflation-driven market shifts. Source: Mihir (@RhythmicAnalyst), Twitter, June 22, 2025.

According to Mihir (@RhythmicAnalyst) on Twitter, a prominent figure from mainstream finance has publicly addressed the importance of cryptocurrency, signaling a shift in traditional market sentiment. This endorsement is expected to increase institutional confidence in digital assets like BTC and ETH, potentially leading to higher trading volumes and market volatility as mainstream investors consider entering the crypto market (source: Twitter, @RhythmicAnalyst, June 21, 2025). Traders should watch for increased liquidity and price swings in Bitcoin and Ethereum as financial institutions may accelerate adoption following this statement.

According to Mihir (@RhythmicAnalyst) on Twitter, traders should look beyond prevailing market narratives and rely on their own logic and risk management skills when navigating the volatile crypto market (source: Twitter, June 21, 2025). This approach is particularly relevant for crypto market participants facing increased price swings and unpredictable sentiment, highlighting the importance of independent analysis in trading decisions.

According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin’s (BTC) monthly candle has turned red, indicating an early sign of weakness on the monthly trend level (Source: Twitter, June 21, 2025). Traders should note that BTC has 8 days left in the month to recover, with $100k identified as immediate support and $90k as critical support. This bearish momentum on the monthly chart suggests heightened caution for short-term and swing traders, as a close below these support levels could trigger additional downside volatility in the crypto market.

According to Mihir (@RhythmicAnalyst) on Twitter, recent pattern analysis shows that Clanker (CLANKER) is displaying bullish signals, suggesting a potential upward movement in price. Traders should closely monitor volume and resistance levels for confirmation before entering positions, as technical indicators point towards increased buying interest. This could present short-term trading opportunities for those watching the $CLANKER cryptocurrency. (Source: twitter.com/RhythmicAnalyst/status/1936484565494927386)

According to Mihir (@RhythmicAnalyst), BTC is currently consolidating within a well-defined structure, with the white line indicating support and the orange line marking resistance. The immediate support level is identified at $100K, providing a critical price floor for traders to monitor. This consolidation phase suggests reduced volatility and potential for significant breakout moves once the resistance is tested. Traders should watch for price action near these levels to anticipate possible trend reversals or continuation, as highlighted in Mihir's analysis. Source: Twitter (@RhythmicAnalyst, June 21, 2025).