BTC: As of June 17, 2025, the current price of BTC is $106500; Yesterday's closing pattern was a "spindle thread", with a moderate increase in trading volume compared to the previous day, indicating that multiple forces were temporarily dominant. According to on chain data, there was a net inflow of 3872 US spot Bitcoin ETFs (worth $409 million) yesterday, and institutional confidence remained stable. However, the increase in turnover rate indicates that short-term players leave at high prices, while long-term holders remain calm, and the platform's coin holdings continue to decline, reflecting market preference for medium - to long-term layout. At the macro level, the upcoming release of US retail sales data (expected month on month -0.7%) and the Federal Reserve's dot matrix on Thursday will have a key impact on the subsequent trend. If the data is weak, it may exacerbate the expectation of economic slowdown and drag down BTC's liquidity. Overall, although Bitcoin continues its rebound trend, whether it can further rise still depends on the upcoming macroeconomic data, especially the Federal Reserve's dot matrix chart on Thursday, which will play a key guiding role in the market trend. The $93000 to $98000 range has gathered a large number of chips, but the price increase has not triggered a significant sell-off, indicating that the region still has solid support. However, from the two key dimensions of profit realization and new capital inflow, there are signs of slowing down the upward momentum. The scale of profit outflow is shrinking, and new demand is shrinking synchronously, which may imply that the upward momentum is gradually weakening. Long term boarding point: 88800-89100 USD range; The range of 82500-82800 US dollars; Position allocation suggestion: Long term BTC accounts for 50% of the total position; The information and data in this content are sourced from publicly available materials and strive for accuracy and reliability. However, we do not guarantee the accuracy and completeness of the information, and this content does not constitute investment advice. Therefore, we assume full responsibility for investing based on this information.