ChainCatcher news, as of June 12, 2025, 14:00 (UTC+8), Bitcoin (BTC) is priced at $107,745, down about 2.3% from the 48-hour high of $110,277. The price has temporarily stabilized after testing the support at $107,500, and is still in a high-level consolidation range. Ethereum (ETH) is hovering around $2,800, and the overall trading volume in the crypto market has slightly decreased, with funds becoming more cautious.The latest U.S. CPI for May showed a month-on-month increase of 0.1% and a year-on-year increase of 2.4%, with core CPI year-on-year at 2.8%, all below market expectations, reflecting a continued moderate decline in inflation. Following the data release, U.S. Treasury yields fell, the dollar weakened, gold prices rose, and risk assets received a short-term boost, but the reaction in crypto assets was relatively mild, indicating that the market has partially priced in expectations of slowing inflation.Despite the favorable data for easing expectations, the Federal Reserve is likely to maintain interest rates at the upcoming rate meeting. Analysts generally believe that the window for rate cuts may be pushed back until after September. Policy uncertainty continues to constrain the market's willingness to take long positions.In addition, Société Générale announced that it will issue a dollar stablecoin in July, and the G7 summit will also discuss multinational regulatory cooperation on crypto assets. The ongoing involvement of traditional finance and regulatory agencies is driving the crypto industry towards compliance and institutionalization, laying the foundation for medium- to long-term development.

ChainCatcher news, according to Cointelegraph, ETH/BTC is forming multiple bullish technical patterns, and analysts believe this could trigger a new round of "altcoin season" in 2025.On the technical front, the ETH/BTC ratio is simultaneously showing a cup and handle pattern and a bullish flag pattern. The cup and handle pattern indicates a potential breakout above the 0.02596 BTC neckline, with a technical target near 0.03814 BTC, suggesting a possible increase of 55% by July. Meanwhile, the bullish flag pattern suggests a potential breakout to 0.03235 BTC, about 30% higher than the current level. Analyst Trader Tardigrade stated that a breakout in ETH/BTC could trigger the altcoin season in 2025.Data presented by analyst Sensei shows that the altcoin market cap relative to Bitcoin is retesting a long-term ascending support trendline. Historically, every rebound from this level has signaled a massive surge in altcoins, with one instance leading to a 9,000% increase and another triggering a 180,000% market cap explosion.Analyst Moustache also pointed out that altcoins are breaking out of a seven-year descending wedge, a pattern that appeared before significant rallies in 2017 and 2020, suggesting that a new altcoin season may be on the horizon.

ChainCatcher news, according to Cointelegraph, the SOL/ETH trading pair has broken below a rising wedge pattern that has persisted for several months. Based on this pattern, the potential downside target is 0.038 ETH, which could represent a 40% pullback from current levels. Data from May 29 shows that the short-term support for this trading pair is around 0.0628 ETH.On-chain data indicates that memecoin activity in the Solana ecosystem has significantly cooled down. The daily fee revenue of the main issuance platform Pump.fun has dropped to a nearly one-year low, a substantial decline from the peak in the first quarter of 2025. A recent report from Standard Chartered Bank pointed out that the development of Ethereum Layer 2 solutions could pose competitive pressure on Solana.

ChainCatcher news, according to Jinshi Data, Nomura Securities global market research analysts stated that the bearish stance on USD/JPY still appears valid in June. Analysts mentioned in a report that the likelihood of the U.S. imposing additional industry tariffs under the guise of national security remains high, which means that dollar buying will continue to face challenges. A strong dollar undermines the competitiveness of U.S. export products overseas.Additionally, analysts noted that although the U.S. and the EU reached an agreement to postpone tariff increases, tensions between the U.S. and the EU continue. Analysts added that concerns about the negative impact of tariffs on the Eurozone economy may lead investors to favor the yen when selling off dollars.

ChainCatcher news, according to CoinJournal, Bitcoin has rebounded over 11% from the low of $74,400 on April 7 and is currently approaching $84,000.Famous technical analyst John Bollinger has identified a potential W-shaped reversal pattern on the weekly chart. This pattern shows two distinct troughs: approximately $76,600 in March and $74,400 in April. The lower Bollinger Band is at $77,138, providing key support for the price.Analysts indicate that if BTC can break through the resistance level of $90,000 with high trading volume, it will confirm the W bottom pattern, with a target price potentially reaching $106,000. On-chain data shows that as realized losses decrease, selling pressure is weakening.

ChainCatcher news, according to Cryptonews, CoinShares analysts pointed out that Bitcoin's current trend may replicate the crash rebound pattern of 2020. Under the geopolitical shock triggered by the tariff dispute, Bitcoin has fallen 30% from its late January peak, and net inflows into exchange-traded funds (ETFs) have decreased by 10% from their peak.Analysts stated that despite the current macroeconomic pressures and bearish technical signals, this downward trend is similar to 2020, when a strong rebound was driven by a shift in monetary policy and investor optimism following a deep correction. Analysts believe that although the current challenges are different from those during the COVID crisis, the fundamental dynamics are strikingly similar.

ChainCatcher news, Bitcoin continues its previous downward trend, dipping to $83,387. During the same period, U.S. stocks faced intensified sell-offs, with the Dow Jones plummeting 700 points and the S&P 500 index dropping 112 points, evaporating a trillion dollars in market value in a single day. The market attributes the panic to the February core PCE price index unexpectedly rising to 2.8%, compounded by the Trump administration's announcement of a 25% tariff on imported cars, creating a chain reaction in the market.On the technical front, a double top pattern has triggered a sell warning. Trader Peter Brandt has issued a warning that the BTC daily chart has formed a "bearish wedge," with the double top pattern establishing a target of $65,635. Crypto trader HTL-NL agrees with Brandt's view, believing that Bitcoin's failure to "break" the long-term downtrend line and confirm the bearish wedge pattern is evidence that BTC is likely to revisit its range low, technically confirming a continuation pattern for the decline.

ChainCatcher news, Matrixport released a daily chart analysis stating that Bitcoin is approaching a key downward trend line breakout, which has been suppressing prices since the market sell-off around Trump's inauguration.Currently, Bitcoin is forming a "high tight flag," a technical pattern often seen as a bullish continuation pattern. Bitcoin has broken through the initial downward trend line (white line) and is testing a more significant resistance level (gray line). A successful breakout would signal a notable alleviation of downside risk.Combined with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming more favorable, and this change is increasingly being validated on the technical front.

ChainCatcher message, Matrixport released a daily chart analysis stating that Bitcoin is approaching a breakthrough of a key downward trend line, which has been suppressing prices since the market sell-off around Trump's inauguration. Currently, Bitcoin is forming a "high tight flag," a technical pattern typically seen as a bullish continuation pattern.At present, Bitcoin has broken through the initial downward trend line (white line) and is testing a more significant resistance level (gray line). If it can successfully break through, it will signal a significant alleviation of downside risks. Coupled with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming increasingly favorable, and this change is being increasingly validated on the technical front.

According to ChainCatcher news reported by CoinDesk, Bitcoin has exhibited consecutive hammer candlestick patterns over the past two weeks, a situation that is extremely rare in Bitcoin's history. The hammer candlestick pattern defined by analyst Checkmate refers to a candlestick where the upper or lower shadow accounts for 90% of the total price range, leaving a small body and long shadows.Data shows that during the week of February 24, Bitcoin's price fluctuated between a low of $78,167 and a high of $96,515, with a range of 23%. In the following week starting March 3, the price fluctuated between a low of $81,444 and a high of $94,415, with a range of 16%. Both weeks formed an open-high-low-close candlestick pattern, with fluctuations reaching double-digit percentages.Checkmate's analysis indicates that the hammer candlestick pattern with 90% lower shadow on the weekly chart has only occurred in five periods in Bitcoin's history: during the 2017 bull market, near the peak of the bull market at $69,000 at the end of 2021, after the Silicon Valley Bank crisis in 2023, after the summer pullback in 2023, and during the summer slump in 2024.Although this data does not show a clear pattern in Bitcoin cycles, the adjustment during the 2017 bull market is particularly notable, suggesting that such patterns may indicate critical turning points in price trends.

ChainCatcher news, during the "Trends and Rhythms of the New Web3 Cycle" event held at Consensus HK, UFLY Labs Investment Partner & UXLINK co-founder Neal, BrickBank founder & CEO Jeffrey, GOAT Network growth lead Annie, SevenX Ventures investor Yinghao, and Hashkey Capital investor Rui shared insights in a roundtable discussion on the theme of "New Trends in 2025."Regarding the direction of the current market, Annie believes it is difficult to apply the experiences of previous cycles and cannot draw simple conclusions, but she is relatively pessimistic at the moment; Yinghao predicts that the market will be very differentiated, with Bitcoin, Ethereum, and Solana having their own independent trends; Neal thinks this bull market is more influenced by macro factors than any previous cycle and advises investors to pay more attention to macro trends. Jeffrey believes that besides macro factors, there are also signs of large-scale applications in the industry, indicating that the industry is progressing. Rui states that where there is volatility, there are opportunities, and the discussion of whether a bull market exists is not very meaningful.In an uncertain market, what key areas should be focused on? Rui believes that new content will certainly emerge and suggests paying attention to mechanisms that are more competitive and complex. Jeffrey recommends looking for directions with a profit-making effect and then finding targets within that direction. Neal indicates he will heavily invest in AI; besides AI and memes, Annie is also focused on RWA. Yinghao is interested in new assets and new asset issuance methods.

ChainCatcher news, Three Arrows Capital and OXFUN founder Zhu Su reflected on the Pump group phenomenon in the crypto market in 2018 on social media. At that time, some Telegram groups had hundreds of thousands of members, and operators would post information about low market cap tokens (usually listed on exchanges like Bittrex, Poloniex, Binance) to attract group members to buy in en masse. The prices of these tokens could typically rise by 100%-200% in a short period. Even if the prices later fell back, many uninformed external investors still pushed the prices above the initial levels.However, as market interest in this trend declined and operators hoarded too many tokens in advance to sell during the price increase, this model ultimately lost its appeal and gradually came to a halt.

ChainCatcher news, according to Cointelegraph, crypto analyst Matthew Hyland stated that the crypto market may not recover to December levels until April. He pointed out that on February 3, the "largest liquidation event in crypto history" occurred, with over $2.24 billion liquidated in 24 hours.Bybit co-founder and CEO Ben Zhou estimated that the actual total liquidation could be as high as $8-10 billion. Hyland noted that based on experiences from similar market turmoil events in 2020 and 2022, a full market recovery typically takes more than 2 months.

ChainCatcher news, according to Coindesk analyst Omkar Godbole's article, BTC may be forming a double top reversal pattern on the daily chart.Due to failing to maintain above the December high last week, BTC appears to be forming a double top pattern, with the neckline support located around $91,300. If the neckline support is broken, it could trigger a decline towards $75,000.