6.19 The impact of the interest rate meeting is minimal; is the BTC bearish trend returning?

Looking back at BTC's data, the price fluctuations have not caused panic among investors, and the turnover rate has not only failed to rise but has actually decreased. More investors are not worried about the short-term trend of BTC prices; only the short-term investors who bought in the last two days have strong expectations to exit. More investors may still want to take a gamble on Thursday's interest rate meeting, which currently shows that the result is to maintain the interest rate unchanged, having a minimal impact. Moreover, the influence of geopolitical conflicts is not expected to be significant, at least not lasting long. Additionally, from the supporting data, the most solid support range is currently between $93,000 and $98,000, where the turnover of this group of investors is also decreasing. Meanwhile, the stock between $100,500 and $105,000 is gradually increasing. Currently, there are over 1.07 million BTC accumulating near $105,000. Although this is not a large amount yet, this position continues to accumulate primarily due to short-term investors, so it is not stable.

Operation suggestion:

Short BTC at $105,000-$105,500, with a target near $102,000-$98,000. Defense at $106,000.

Short ETH at $2,520-$2,560, with a target near $2,400-$2,300. Defense at $2,590.