6.15 Range-bound Fluctuation 1. After BTC dipped below 60K and recovered, it’s unlikely to continue dropping in the short term. Overall, it will fluctuate between 60K-74K for several weeks. 2. U.S. stocks are still climbing mindlessly, and gold and silver have also started a daily-level rebound. In the crypto space, the focus will also be on range-bound rebounds in the coming weeks. The duration and range of the consolidation will determine the direction of the next trend—the longer the consolidation, the more favorable it is for the bulls.