In the face of market volatility, where is the BTC trend heading?

Recently, the market has fluctuated significantly due to war factors, and the price trend of BTC has also been noticeably affected. After dropping to the EMA daily support level, BTC has finally begun to rebound. Today, Iran and Israel suddenly announced a ceasefire, coupled with an increased probability of an interest rate cut by the Federal Reserve in July, which together have become the main driving force behind this market rally.

But does the current market situation mean that the trend has completely turned bullish? In my opinion, it is still too early to draw conclusions. Although Iran and Israel have temporarily ceased fire, the regional situation remains complex, and there is still a possibility of renewed conflict in the future. As for the increased probability of an interest rate cut by the Federal Reserve in July, its authenticity will only be confirmed at the moment the actual cut occurs; this recent rise may merely be a release of market sentiment in response to favorable news.

To determine whether the trend has completely reversed, the key is to see if $BTC can completely break through and stay above 108,000. If this critical level is successfully surpassed, the bullish trend may become more solid; conversely, the market may still face uncertainties.

However, the largest negative news in the market has temporarily dissipated, which is undoubtedly good news. In the coming period leading to the end of June, the market is likely to exhibit a wide range of fluctuations. For investors, this means they can once again operate with confidence, seizing the opportunities brought about by market volatility.

Looking ahead, the market's direction largely depends on whether the Federal Reserve truly cuts interest rates in July, as well as whether other stimulating news may emerge subsequently. Investors need to closely monitor these dynamics in order to adjust their investment strategies promptly and move steadily in this complex and changing market. #加密市场反弹 #鲍威尔半年度货币政策证词 #BTC #ETH