Bitcoin's intraday market continues to be volatile, and in the short term, there hasn't been much change due to a lack of news-driven market stimulation. Currently, focus on 106800 in the 4H chart; if it holds, we can test the upper levels of 107650-108100-108500. If it breaks down, pay attention to the support levels below at 106300-105200-104500 for a rebound.

As long as there is no impact from news, Bitcoin's recent trend will continue to oscillate for a while. However, a pullback to test lower levels is expected. The probability of a rate cut by the Federal Reserve in July is high, and the situation in the Middle East could deteriorate and escalate at any time. Everything is not as calm as it appears on the surface; these adverse factors will directly affect the trend of cryptocurrencies, so I still maintain a bearish outlook for July. $BTC