Market Analysis of #BTC

Bitcoin maintained a range of around $105,000 over the weekend, with geopolitical risks not yet triggering significant market fluctuations. The current market shows three main characteristics:

1) Progress in China-U.S. rare earth trade still needs verification

2) Investors maintain a cautious wait-and-see attitude

3) The technical aspect remains in a high-level consolidation pattern

Key points to focus on this week:

• 6/14 Bank of Japan interest rate decision

• 6/15 U.S. May retail sales data

• 6/16 Federal Reserve interest rate meeting

Operational advice:

Long to medium-term layout awaits the end of the pullback, with a focus on observing the support area of 100,000-102,000