$BTC

1. Price Performance

BTC has dropped from $107,700 to around $106,800 today

Trading volume has increased, indicating higher market activity

The long-short ratio is basically balanced, slightly skewed towards bulls (50.32%)

2. Important Influencing Factors

- Middle Eastern geopolitical risks: Israeli airstrikes on Iranian nuclear facilities caused a brief drop

- Federal Reserve meeting approaching: Rising oil prices increase inflation expectations

- Institutional buying continues: BTC spot ETF has seen a net inflow for 6 consecutive days (about $408.6 million)

- Liquidation pressure: Since June 13, $1.1 billion in long positions have been liquidated

Despite facing geopolitical and macroeconomic pressures, BTC still demonstrates strong market resilience, maintaining fluctuations in a high range.