The global financial market is volatile, but Crypto Assets show resilience.

Recently, the global financial markets have experienced severe fluctuations due to the escalation of geopolitical conflicts and the Federal Reserve's decision to maintain interest rates. Influenced by the situation in the Middle East, gold prices saw a significant increase in a short period, but then retreated due to the Federal Reserve's rate decision. In contrast, Bitcoin has shown strong resilience, maintaining a price close to $100,000, and has only fluctuated slightly within the $100,000 to $110,000 range over the past month.

Some analysts believe that Bitcoin is gradually shifting from a speculative asset to a long-term investment tool. Its decentralized and limited supply characteristics are becoming increasingly attractive in an environment of heightened global uncertainty, potentially becoming a new choice for investors when traditional safe-haven assets experience increased volatility.

The current price of Bitcoin has risen above $100,000. Several analysts have provided forecasts for possible future trends, including maintaining the current range and reaching new highs, dropping to $95,000 before entering a bear market, or rising again to the $114,000-$116,000 range after testing $95,000. The specific resistance levels are $104,000, $106,000, and $110,000, while the support levels are $98,000 and $95,000.

Analysis indicates that if Bitcoin falls below $100,000, it may retest $95,000 and the bull market support zone. During the bull market cycle in 2017, Bitcoin frequently retraced to the bull market support zone, making such pullbacks a normal occurrence. Additionally, some traders predict that the short-term price target range for Bitcoin is between $93,000 and $95,000, warning that rising global geopolitical tensions may lead to further price declines.

On the Ethereum front, analysis shows its performance remains weak, with the price constrained by a downward trend line, having fallen below the previous important support level of $2378. It is recommended to pay attention to its performance at this resistance level; if it cannot break through, it may further decline to the demand levels of $2114 or even $2036.

While mainstream coins are consolidating, the altcoin market is also relatively flat. Some emerging tokens such as $BlackCoin, $Oil, and $ERC-69 have appeared, but their market capitalization is still relatively small.

Key data shows that as of June 23, 12:00 HKT, the price of Bitcoin is $101,351, with an increase of 8.43% year-to-date; the price of Ethereum is $2,239.19, with a decrease of 32.84% year-to-date. The market fear and greed index is at 37, indicating a state of panic. The market share of Bitcoin and Ethereum is 64.9% and 8.7%, respectively.

As of June 20, the net inflow for Bitcoin ETFs was $6.3658 million, marking 9 consecutive days of net inflows; meanwhile, Ethereum ETFs experienced a net outflow of $11.3444 million.

The future market direction still has many uncertainties, and investors should closely monitor changes in global macroeconomic conditions, geopolitical situations, and the monetary policies of various countries.