[Bitcoin Now] Trading Volume Slightly Increasedโ€ฆ Continued Directional Exploration Within Short-Term Box

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As of 2:05 PM on June 9, 2025

Bitcoin is continuing a limited range movement near the short-term resistance line while digesting selling pressure. Although the dominance has increased, some on-chain indicators such as active wallets and SSR show weakness, drawing attention to the potential short-term momentum recovery.

๐Ÿ“ˆ Price Now

Price $105,519.88 (โ€“0.14%) Bitcoin is trading at $105,519, down 0.14% from the previous day. Approaching the short-term technical upper limit and digesting selling pressure, it maintains a narrow range of sideways movement without a clear direction.

Trading Volume $38.02 Billion (+1.67%) The trading volume increased by 1.67% compared to the previous day. Some low-price buying inflows have occurred amid a wait-and-see attitude, showing a slight recovery in trading volume.

Daily Fluctuation โ€“0.23% Bitcoin continues to show limited movement, repeating ups and downs over five days. Recent daily fluctuations are โ–ฒJune 5 โ€“2.78% โ–ฒJune 6 +2.72% โ–ฒJune 7 +1.17% โ–ฒJune 8 +0.14% โ–ฒJune 9 โ€“0.23%, showing a pattern of short-term adjustment and recovery rather than a clear direction.

Asset Comparison S&P500โ†‘ยทGoldโ†“ As of June 6, the S&P 500 index rose +1.03%, while gold fell โ€“0.43%. Bitcoin showed a similar direction to the traditional risk assets in the stock market but continues to maintain an independent price movement.

MACD โ€“532.58 The MACD on a daily basis is โ€“532.58, showing a short-term weak signal. However, the weekly MACD is +1203.46, maintaining a plus range and keeping the medium-term upside potential open.

โค๏ธ Investor Sentiment Now

Dominance 63.8% (+1.11%) Bitcoin dominance increased by 1.11% from the previous day, recording 63.8%. This suggests a reinforced trend of relative fund concentration compared to major altcoins.

Fear & Greed Index 55 (Neutral) The Fear & Greed Index remains at 55, staying in the neutral zone. Although slightly lower than last week's 57, market sentiment is generally maintaining balance.

Google Trend Score 45 (+4) As of the 9th, the Google search trend score is 45, slightly up from the previous day's 41. Investor interest is somewhat recovering, with potential changes in attention depending on short-term momentum.

๐Ÿงญ Market Now

SSR 17.70 (+0.23%) The Stablecoin Supply Ratio (SSR) slightly increased to 17.70. This indicates a somewhat reduced stablecoin purchasing power relative to Bitcoin, suggesting potential limitations in short-term buying momentum.

NUPL 0.5549 (Unchanged) NUPL remains at 0.5549, similar to the previous day. Many holders are still in a profit zone, with potential profit-taking pressure depending on short-term price volatility.

Exchange Balance 2,365,700 BTC (+0.05%) The amount of Bitcoin held on exchanges slightly increased. While there was a temporary deposit flow, the structural decreasing trend centered on long-term holding continues.

Exchange Net Inflow/Outflow โ€“96.5 BTC (+0.1%) Approximately 96.5 BTC was net outflowed in a day. Both net inflows and outflows are minimal, maintaining an overall neutral flow.

Active Wallets 779,831 (โ€“1.00%) The number of active users decreased by about 7,800 compared to the previous day. This is interpreted as the temporary wait-and-see attitude and market stagnation affecting on-chain user participation.

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#BitcoinNow#BitcoinRealTimeAnalysis#VolumeChange#DominanceIncrease#MACDAnalysis#OnChainIndicators

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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