6.19 Bitcoin Morning Discussion
Old Bao said last night that interest rates will remain unchanged, and a rate cut may only happen when inflation shows a clear decline. Next, we will closely monitor PCE and CPI data. There hasn't been much impact from Trump's remarks either. Bitcoin's current movement is quite tangled —
• Positive news has basically been fully digested
• The situation in the Middle East is still escalating 📉
This kind of market is prone to gradual declines and rises, so be prepared for prolonged fluctuations.
In terms of operations:
If Bitcoin rebounds to around 105,500-106,100, consider opening a short position, with a target of 103,300-101,900
