Bitcoin Price Holds Steady at $105,000 — Is This the Start of Another Rally?

Today’s Bitcoin Price Trend Overview

Figure:https://www.gate.com/trade/BTC_USDT

As of noon on June 5, 2025, the price of Bitcoin stabilized at $105,031.1, with a 24-hour high of $105,993.1 and a low retracement to $104,177.8. Although the current trading activity has slightly decreased, the overall market trend remains bullish.

The trading order book shows a tug of war between bulls and bears.

From the order book, it can be seen that buy orders around the $105,000 level are active, showing significant support; while the selling pressure above $105,500 is also relatively concentrated, forming the current oscillating structure. The activity of large orders indicates that institutional investors are still active.

Technical chart analysis: short-term pullbacks do not change the medium-term trend.

On the 15-minute K-line, BTC has formed a small head and shoulders bottom pattern. If it successfully breaks through 106,000 dollars, it may lead to a strong rebound. The moving average system is closely binding in the short term, indicating the possibility of a directional choice brewing.

Macroeconomic environment and news factors

As the Federal Reserve’s interest rate policy becomes more moderate, global funds flow back into crypto assets, along with record trading volumes for crypto ETFs and multiple sovereign funds expressing interest in BTC investments, market confidence in Bitcoin’s long-term prospects remains strong.

Beginner Investment Advice

The current price is in an important observation range. It is recommended that novice investors do not easily chase rises or sell off. Consider gradually allocating through a fixed investment approach. Setting take-profit and stop-loss points, as well as paying attention to important economic data and Bitcoin on-chain data, can help reduce risk.

Summary

The current price of Bitcoin, although it has not broken through its previous high, is still in an upward trend channel. The stable operation of Bitcoin Price may just be a phase of accumulation before a new round of rise. Newcomers should patiently wait for clear breakout signals and maintain risk awareness.