After the BTC daily chart formed a W-bottom structure, it encountered resistance and retraced, creating a deep V structure. After opening on June 6, it continuously pulled up with five consecutive bullish days. Today's movement is oscillating in a high range. After the CPI data was released at 20:30 with positive news, the price quickly cleared over 70 million in long positions and immediately rebounded with a strong bullish candle, indicating that the upward trend still exists and buying pressure remains strong. Although the price is currently near historical highs, there are no signs of a trend reversal. One should not take contrarian actions here; it is essential to wait for definitive signals before choosing to enter on the right side. The upcoming market may continue to oscillate back and forth for a while before starting a new round of upward movement.