According to Miles Deutscher, Bitcoin ($BTC) continues to trade within a defined range without a clear breakout or breakdown, as observed in his June 10, 2025, Twitter post. This rangebound behavior suggests traders should focus on established support and resistance levels for short-term strategies, rather than anticipating immediate directional moves. Range trading techniques and careful risk management are recommended until a decisive move occurs. Monitoring volume and order book shifts can help identify potential breakout signals relevant for crypto market participants (source: Miles Deutscher on Twitter, June 10, 2025).

According to Crypto Rover, the recent Bitcoin bear trap has concluded, signaling a potential bullish reversal for BTC price action (Source: Crypto Rover, Twitter, June 8, 2025). This development is critical for traders as it may indicate the end of downward pressure and the start of a new uptrend, which could trigger increased trading volumes and renewed investor optimism in the crypto market. Monitoring support and resistance levels will be crucial as traders position for possible upward momentum and short squeeze scenarios.