PalBTC Market Weekly Report - June 15th Figure 1: Weekly chart 1) Overall, it is still within the perspective framework of last week's weekly report. Currently, the rebound test has been conducted around 665, and the target for this wave is still around 69. 2) At present, the overall market trend, or BTC, is still influenced by news. Especially short-term market fluctuations. For example, the current rise is driven by the favorable factors of the upcoming signing of the US Iran peace agreement. So this week's direction depends on the impact of these three key events On Tuesday, 6/16:14:30, the Bank of Japan announced its interest rate decision. Thursday 6/18:2:00 FOMC interest rate decision+Warsh press conference Friday 6/19: June Day US stock market closed+signing of US Iran peace agreement Specific event analysis can be found in the tweet: https://(x.com)/Patrade_Suer/status/2066436230225461336? s=20 In summary, First, let's see if Uchida is hawkish. The interest rate hike has already been priced, but if it's hawkish or if the interest rate hike exceeds 25%, it will definitely fall. Then we'll see if the hawkish or dovish side of Walsh has rebounded and ended the decline, while the dovish side continues to rebound and test around 67. The US Iraq agreement definitely depends on how Trump draws the line. It is possible before it is fully signed. The signing is a further good landing. I think that the btc has risen, and it may further stand firm 69 and test 72, but it is almost there. If it breaks, then it's a drop. Figure 2: Daily chart 1) From the perspective of daily K, it is a fluctuating rise after a decline, and it can be seen that last Wednesday was a rebound after a second low. 2) At present, we will definitely look at the rise first, but where it rises will be determined by next week's events. 67 69 725, take your time, step by step. Where it can bounce back depends on how these big guys play. Figure 3: Hour chart 1) Starting from last Friday, there was a clear bullish call and the target H4 was bearish, but this morning's news had an impact on the market. Then there was a fluctuation, as you can see that the price didn't move much throughout the day because the good news had already been realized. 2) At present, this position is already the support resistance transition position. Without any significant news affecting it, it will be possible for a major event to occur this Wednesday. The price increase is around 67 yuan per 1000 dollars. I will pay attention to the opportunities for continued rebound in fundraising around 645-65 when it falls. Only when the event drops below 636 MSB can we consider completely shorting.