June 19 BTC Operation View

Yesterday, the news and data were intertwined, with the uncertainty brought by Trump’s possible actions and Powell’s potential rate cuts or lack thereof creating too much uncertainty in the market. The BTC trend was only oscillating within a range, without any effective breakout.

Looking at the day, it will still maintain an oscillation. However, the upper levels are currently under significant pressure, and the confirmed decision to not cut interest rates has not stimulated an effective breakout.

Therefore, during the day, one can enter around the 105000 line, first observing the support in the 103500 area. If the support remains effective, one can anticipate a move up to the 106000 line for liquidation.