empty
23.06.2025 09:07 AM
Trading Recommendations for the Cryptocurrency Market on June 23

Bitcoin and Ethereum plummeted following speculation that Iran might block the Strait of Hormuz and begin bombing U.S. oil tankers in retaliation for American strikes. This triggered a massive sell-off of risk assets as investors, fearing a sharp increase in global economic instability, rushed to lock in profits and shift capital into safer instruments such as gold and the U.S. dollar.

This image is no longer relevant

The cryptocurrency market, known for its high volatility, proved particularly vulnerable to geopolitical risk. Uncertainty regarding further developments in the Middle East led many market participants to adopt a wait-and-see approach, which only intensified the downward pressure on Bitcoin and Ethereum.

The liquidation of highly leveraged positions further exacerbated the decline in cryptocurrency prices. Automatic stop-losses were triggered, causing a cascading price drop and panic among traders.

The prospects for a near-term recovery in the crypto market remain uncertain. Much will depend on whether further escalation in the Middle East can be avoided. Bitcoin and Ethereum may gradually regain lost ground if diplomatic efforts succeed and tensions ease. However, should the conflict intensify, the crypto market could face another wave of sell-offs. Investors are advised to exercise caution and carefully assess risks before making decisions.

Regarding intraday strategy, I will continue to rely on major pullbacks in Bitcoin and Ethereum as potential opportunities—anticipating that the medium-term bullish trend remains intact.

For short-term trading, the strategy and conditions are outlined below.

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: I plan to buy Bitcoin today upon reaching the entry point near $102,100, with a target of rising to $103,900. Around $103,900, I will exit long positions and immediately sell on the rebound.

Before buying on the breakout, make sure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario #2: Bitcoin can also be bought from the lower boundary of $100,800 if there is no market reaction to its breakout, with a reversal move back toward $102,100 and $103,900.

Sell Scenario

Scenario #1: I plan to sell Bitcoin today upon reaching the entry point near $100,800, targeting a drop to $98,800. I'll exit shorts around $98,800 and buy immediately on the rebound.

Before selling on the breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario #2: Bitcoin can also be sold from the upper boundary of $102,100 if there is no market reaction to its breakout, with a reversal move toward $100,000 and $98,800.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: I plan to buy Ethereum today upon reaching the entry point near $2,256, with a target of rising to $2,333. Around $2,333, I will exit long positions and sell immediately on the rebound.

Before buying on the breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario #2: Ethereum can also be bought from the lower boundary of $2,216 if there is no market reaction to its breakout, with a reversal move back toward $2,256 and $2,333.

Sell Scenario

Scenario #1: I plan to sell Ethereum today upon reaching the entry point near $2,216, targeting a drop to $2,131. I'll exit shorts around $2,131 and buy immediately on the rebound.

Before selling on the breakout, verify that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario #2: Ethereum can also be sold from the upper boundary of $2,256 if there is no market reaction to its breakout, with a reversal move back toward $2,216 and $2,131.

Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Recomendaciones para operar con el Bitcoin (BTC/USD) el 18 de julio según el sistema ICT.

El Bitcoin comenzó una corrección bajista después de haber alcanzado la marca de 123 200$ y la terminó literalmente al día siguiente. Desde el punto de vista del análisis técnico

Paolo Greco 07:50 2025-07-18 UTC+2

Recomendaciones para operar con el Bitcoin el 17 de julio según el sistema ICT.

El Bitcoin comenzó un retroceso descendente después de alcanzar la marca de 123 200$, pero por ahora eso es solo un nombre. El Bitcoin retrocedió, pero en el marco temporal

Paolo Greco 07:19 2025-07-17 UTC+2

Recomendaciones para operar con el Bitcoin el 16 de julio según el sistema ICT.

El Bitcoin comenzó una corrección bajista después de haber alcanzado el nivel de 123 200 $. En este momento, la caída ya es de unos 6 000 $. El "oro

Paolo Greco 08:09 2025-07-16 UTC+2

Recomendaciones para operar con Ethereum (ETH) el 16 de julio según el sistema ICT.

El Ethereum comienza a mostrar signos de independencia. En los últimos dos días, el Bitcoin se corrigió a la baja entre 6 y 7 mil $, mientras que el Ethereum

Paolo Greco 07:54 2025-07-16 UTC+2

Recomendaciones para operar con Solana (SOL/USD) el 15 de julio según el sistema ICT.

Solana, naturalmente, también mostró un crecimiento en los últimos días, pero en prácticamente cualquier marco temporal se puede ver que este crecimiento fue mucho más débil que el del Bitcoin

Paolo Greco 07:08 2025-07-15 UTC+2

Recomendaciones para operar con Ethereum (ETH/USD) el 15 de julio según el sistema ICT.

El Bitcoin rompió la zona de 110 000 $ - 112 000 $ y arrastró hacia arriba a todo el mercado de criptomonedas, lo cual es lógico y coherente dado

Paolo Greco 07:08 2025-07-15 UTC+2

Recomendaciones para operar con el Bitcoin el 15 de julio según el sistema ICT.

El Bitcoin comenzó una corrección bajista después de haber alcanzado el nivel de 123 200 $. En este momento, la caída ya asciende a unos 6 000 $. Cómo

Paolo Greco 07:08 2025-07-15 UTC+2

Recomendaciones para operar con el Bitcoin el 14 de julio según el sistema ICT.

El Bitcoin continúa su crecimiento desenfrenado. Si estás intentando una vez más encontrar una explicación lógica al nuevo repunte del Bitcoin, difícilmente la hallarás. Recordemos que explicar un movimiento

Paolo Greco 07:50 2025-07-14 UTC+2

¿Se perdió el Bitcoin? Se acerca la temporada de altcoins

Mientras el Bitcoin continúa actualizando sus máximos históricos, las autoridades de Kazajistán han declarado que están considerando la posibilidad de invertir parte de sus reservas de oro y divisas

Jakub Novak 13:47 2025-07-11 UTC+2

Recomendaciones para operar en el mercado de criptomonedas el 11 de julio

El Bitcoin actualizó otro máximo histórico por encima de $117 800, continuando su racha victoriosa de crecimiento. El Ether también superó ya la marca de $3 000, pero

Miroslaw Bawulski 08:06 2025-07-11 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.