TechFlow news, June 23: Greeks.Live released a bulletin stating that Bitcoin has reclaimed the $100,000 mark, with the market generally displaying cautious optimism. Investors are closely watching whether the rebound from the two-day lower Bollinger Band can be sustained. After Ethereum underwent a deep correction from $2,900 to $2,100, technical indicators suggest no further downside support and show strong demand for a rebound. In the options market, the long straddle strategy has struggled due to rapid theta decay and declining volatility, with the sharp drop in implied volatility becoming the main headwind. Notably, institutional fund flows have shown clear divergence—Shen Yu's associated address deposited $52.56 million worth of ETH into exchanges, while a new address withdrew $72.45 million worth of ETH from exchanges, reflecting significant disagreement among large holders regarding future market direction. Approaching mid-year settlement, progress on stablecoin regulation and developments in Iran will be key focal points for the market this week.
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