The global financial market is volatile, Bitcoin shows resilience against the fall.

Recently, the global financial markets have experienced significant fluctuations due to the tense geopolitical situation. Affected by the Middle East conflict, the spot gold price once soared to $3398 per ounce, the Nasdaq index futures fell by 0.9%, and oil prices opened high at 3.7%. However, the market reaction has been relatively restrained, with analysts predicting that if the situation eases, oil prices may retreat to $60 per barrel, but if tensions persist, they could rise to $130. Against this backdrop, the trend of the US dollar has become the focus, which may be boosted by risk aversion in the short term; however, some strategists believe that the rise of the dollar could become a major trade this summer.

In an environment of increasing macro uncertainty, Bitcoin has demonstrated strong resilience against falls. Recently, the price of Bitcoin has fluctuated between 100,000 and 110,000 dollars, indicating that it is gradually shifting from a speculative asset to a long-term investment. The decentralized nature and limited supply characteristics of Bitcoin are becoming increasingly attractive amid global uncertainties, and it may become a new hedge choice for investors.

Analysts have provided various predictions for the future trend of Bitcoin. Some believe that Bitcoin may maintain its current range and reach new highs; others point out that it may fall to $95,000 before entering a bear market; and there are predictions that after testing $95,000, it may regain $100,000 and further rise to a range of $114,000 to $116,000. Several analysts have proposed specific resistance and support levels, with $95,000 seen as an important support level.

On the Ethereum side, the price performance continues to be weak, falling below the $2378 mark, showing a bearish technical pattern. Analysts suggest paying attention to its performance at the $2378 resistance level; if it cannot break through, it may further decline to $2114 or $2036.

The altcoin market is relatively flat, but there are still some emerging tokens that have attracted attention. For example, $BlackCoin on the Solana chain and $ERC-69 on the Ethereum chain. These tokens often revolve around specific themes or concepts, but investors should approach their potential risks with caution.

As of June 23, 12:00 HKT, the price of Bitcoin is $101,351, and Ethereum is $2,239.19. The Fear and Greed Index is at 37, indicating a state of fear. Bitcoin's market share is 64.9%, while Ethereum's is 8.7%. In the last 24 hours, a total of 184,598 people were liquidated globally, with a total liquidation amount of $642 million.

In terms of ETF flows, as of June 20, Bitcoin ETF has seen a net inflow for 9 consecutive days, while Ethereum ETF has experienced a net outflow. This reflects the differing attitudes of investors towards different crypto assets.

The future market direction still has many uncertainties. Investors need to closely monitor the impact of geopolitical situations, Federal Reserve monetary policies, and other factors on the cryptocurrency market. At the same time, the launch of new coins on major trading platforms and events such as token unlocks may also bring short-term market fluctuations. Investors should remain vigilant and make cautious decisions.