Bitcoin Price Analysis: Greeks.Live Traders Eye $105K-$109K Support Amid Bearish Sentiment – Crypto Market Trading Update June 2025

According to Greeks.Live, the community's daily digest published on June 5, 2025, indicates that most traders maintain a bearish outlook on Bitcoin, anticipating a continued correction despite recent upward moves. The key trading focus is on the $105K-$109K support range, with participants closely monitoring this level for potential breakdowns or rebounds. This bearish sentiment could drive increased short activity and heightened volatility in the crypto derivatives market, as traders prepare for further downside risk (source: Greeks.Live Twitter, June 5, 2025).
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The cryptocurrency market is showing mixed signals as of June 5, 2025, with a predominantly bearish sentiment among traders despite Bitcoin's recent upward price movement. According to the latest Community Daily Digest by Greeks.live, published on June 5, 2025, the majority of traders anticipate a continued correction in Bitcoin's price, with key resistance levels being closely monitored between 105,000 and 109,000 USD. This bearish outlook comes even as Bitcoin recorded a modest gain of 2.3 percent in the last 24 hours, reaching a price of 107,500 USD at 8:00 AM UTC on June 5, 2025, as reported by major exchanges. Trading volume for Bitcoin has also seen a slight uptick, with a 24-hour volume of approximately 35 billion USD across major pairs like BTC/USD and BTC/USDT on platforms such as Binance and Coinbase, reflecting sustained interest despite the bearish sentiment. Meanwhile, the broader crypto market shows volatility, with Ethereum trading at 3,800 USD (up 1.8 percent) at the same timestamp, and altcoins like Solana and Cardano experiencing minor dips of 1.2 percent and 0.9 percent, respectively. This market context is further complicated by external factors, including stock market movements, which often influence crypto trader behavior and risk appetite. As the S&P 500 index futures indicate a cautious opening with a 0.5 percent decline as of 7:00 AM UTC on June 5, 2025, per financial news outlets, the correlation between traditional markets and cryptocurrencies remains a critical factor for traders looking to navigate this landscape. Understanding these dynamics is essential for anyone searching for Bitcoin price predictions or crypto market sentiment analysis in 2025.
The trading implications of this bearish sentiment are significant, especially when viewed through the lens of cross-market interactions. With traders eyeing a potential Bitcoin correction, short-term opportunities may arise for those employing strategies like shorting BTC/USD futures or options, particularly if the price fails to break the 109,000 USD resistance by the end of the trading day on June 5, 2025. On-chain metrics provide additional context, with Bitcoin's network activity showing a 3 percent decrease in daily transactions, recorded at 620,000 transactions as of 6:00 AM UTC on June 5, 2025, according to blockchain data aggregators. This decline suggests waning retail interest, which could exacerbate downward pressure. Meanwhile, in the stock market, the cautious sentiment reflected in the S&P 500 futures may drive institutional investors to reduce risk exposure, potentially leading to capital outflows from high-risk assets like cryptocurrencies. For instance, crypto-related stocks such as Coinbase Global (COIN) saw a 1.7 percent drop in pre-market trading at 7:30 AM UTC on June 5, 2025, per stock market trackers, signaling a direct impact on crypto market confidence. Traders focusing on cross-market opportunities might consider hedging positions by monitoring ETF flows, as Bitcoin ETFs recorded a net outflow of 50 million USD on June 4, 2025, indicating institutional hesitancy. For those searching for crypto trading strategies or stock-crypto correlation insights, these data points highlight the need for vigilance in a potentially declining market.
From a technical perspective, Bitcoin's price chart shows critical indicators that align with the bearish sentiment noted by Greeks.live on June 5, 2025. The Relative Strength Index (RSI) for BTC/USD sits at 52 as of 9:00 AM UTC on June 5, 2025, indicating neutral momentum but leaning toward overbought territory if the price approaches 109,000 USD. The 50-day Moving Average stands at 104,500 USD, acting as immediate support, while the 200-day Moving Average at 98,000 USD could be tested if a correction intensifies. Trading volume spikes for Ethereum, with a 24-hour volume of 18 billion USD across ETH/USD and ETH/USDT pairs as of 8:00 AM UTC on June 5, 2025, suggest that altcoin traders remain active, potentially as a diversification play amid Bitcoin uncertainty. Stock market correlations are evident, as the Nasdaq 100 futures also dipped by 0.6 percent at 7:00 AM UTC on June 5, 2025, reflecting a broader risk-off sentiment that often drags down crypto assets. Institutional money flow data further supports this, with a reported 2 percent decrease in crypto fund inflows for the week ending June 4, 2025, as noted by industry reports. For traders seeking Bitcoin technical analysis or crypto market volume trends, these indicators suggest preparing for potential downside risks while watching stock market cues for confirmation of sentiment shifts. The interplay between traditional and crypto markets remains a pivotal factor, emphasizing the importance of cross-market analysis for informed trading decisions in this volatile environment.
In summary, the bearish sentiment highlighted by Greeks.live on June 5, 2025, combined with stock market hesitancy, underscores a challenging period for crypto traders. With Bitcoin hovering near key resistance levels and institutional flows showing caution, the risk of a correction looms large. However, opportunities exist for agile traders who can capitalize on short-term volatility or hedge across markets. Staying updated on crypto-stock correlations and real-time data is crucial for navigating this landscape effectively, especially for those researching Bitcoin price correction risks or institutional crypto investments in 2025.
The trading implications of this bearish sentiment are significant, especially when viewed through the lens of cross-market interactions. With traders eyeing a potential Bitcoin correction, short-term opportunities may arise for those employing strategies like shorting BTC/USD futures or options, particularly if the price fails to break the 109,000 USD resistance by the end of the trading day on June 5, 2025. On-chain metrics provide additional context, with Bitcoin's network activity showing a 3 percent decrease in daily transactions, recorded at 620,000 transactions as of 6:00 AM UTC on June 5, 2025, according to blockchain data aggregators. This decline suggests waning retail interest, which could exacerbate downward pressure. Meanwhile, in the stock market, the cautious sentiment reflected in the S&P 500 futures may drive institutional investors to reduce risk exposure, potentially leading to capital outflows from high-risk assets like cryptocurrencies. For instance, crypto-related stocks such as Coinbase Global (COIN) saw a 1.7 percent drop in pre-market trading at 7:30 AM UTC on June 5, 2025, per stock market trackers, signaling a direct impact on crypto market confidence. Traders focusing on cross-market opportunities might consider hedging positions by monitoring ETF flows, as Bitcoin ETFs recorded a net outflow of 50 million USD on June 4, 2025, indicating institutional hesitancy. For those searching for crypto trading strategies or stock-crypto correlation insights, these data points highlight the need for vigilance in a potentially declining market.
From a technical perspective, Bitcoin's price chart shows critical indicators that align with the bearish sentiment noted by Greeks.live on June 5, 2025. The Relative Strength Index (RSI) for BTC/USD sits at 52 as of 9:00 AM UTC on June 5, 2025, indicating neutral momentum but leaning toward overbought territory if the price approaches 109,000 USD. The 50-day Moving Average stands at 104,500 USD, acting as immediate support, while the 200-day Moving Average at 98,000 USD could be tested if a correction intensifies. Trading volume spikes for Ethereum, with a 24-hour volume of 18 billion USD across ETH/USD and ETH/USDT pairs as of 8:00 AM UTC on June 5, 2025, suggest that altcoin traders remain active, potentially as a diversification play amid Bitcoin uncertainty. Stock market correlations are evident, as the Nasdaq 100 futures also dipped by 0.6 percent at 7:00 AM UTC on June 5, 2025, reflecting a broader risk-off sentiment that often drags down crypto assets. Institutional money flow data further supports this, with a reported 2 percent decrease in crypto fund inflows for the week ending June 4, 2025, as noted by industry reports. For traders seeking Bitcoin technical analysis or crypto market volume trends, these indicators suggest preparing for potential downside risks while watching stock market cues for confirmation of sentiment shifts. The interplay between traditional and crypto markets remains a pivotal factor, emphasizing the importance of cross-market analysis for informed trading decisions in this volatile environment.
In summary, the bearish sentiment highlighted by Greeks.live on June 5, 2025, combined with stock market hesitancy, underscores a challenging period for crypto traders. With Bitcoin hovering near key resistance levels and institutional flows showing caution, the risk of a correction looms large. However, opportunities exist for agile traders who can capitalize on short-term volatility or hedge across markets. Staying updated on crypto-stock correlations and real-time data is crucial for navigating this landscape effectively, especially for those researching Bitcoin price correction risks or institutional crypto investments in 2025.
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