BTC Market Evening Quick Report: Japan's interest rate hike boots land, 68K bulls finally stubborn?

The Bank of Japan officially raised interest rates to 1% today, a 31 year high, and the boots have finally landed. BTC not only did not fall, but instead climbed back from 65600 to 66700, playing the bearish script again? 1. A set of core data overview. BTC current price: $66700, 24-hour+1.44% 24-hour trading volume: 58.6 billion US dollars (+31.74%), the volume has finally increased a bit Global funding rate: -0.0013%, neutral to negative, bullish not crazy BTC spot ETF (6/15): Net outflow of $64.09 million BlackRock IBIT: Net inflow of $66.45 million, Grayscale GBTC: Net outflow of $124 million 2. Is the bearish sentiment exhausted? Don't get too excited too early. The Bank of Japan raised interest rates to 1%, which is in line with expectations, and the market is expected to be bullish for now. With the signing of the US Iran agreement on the 19th, oil prices fell to around $80, and risky assets breathed a sigh of relief. But upon opening it, it becomes clear that IBIT is buying and GBTC is selling. What kind of bull market is starting? It's just new and old funds changing hands, and big investors voting with their feet. 3. Market status: Still in the rebound channel, but the volume is not hard enough. The 4-hour continuous small bullish candlestick has risen, but the trading volume has only dropped a little today, far from the high point in May. A typical bull is relatively strong, not absolutely strong. The price is approaching 68363 (0.618 strong gravity level), with a distance of approximately 2.5%. The real exam venue is around 68K - whether you can stand there or not is the key to judging the quality of this rebound. 4. What to focus on in the next few days. June 17-18: Federal Reserve FOMC, first meeting since taking office, statement wording is more important than interest rates themselves. If it leans towards the eagle, the rebound may be snapped back at any time. June 19th: Signing ceremony between the United States, Iran, and Switzerland. Good news landing, beware of "selling facts" and smashing the market. Remember, this is just a memorandum of understanding between the US and Iran, not a peace agreement, and the 60 day negotiation period may fluctuate at any time. 65000 is the first line of defense, if you can't hold it, see below 62000. 5. Trading strategy. Current action: Watch and hold your hand. Short selling conditions: When the price reaches 68000-68363, there will be a long upper shadow or a solid negative line within 4 hours, and short orders will be placed in batches. Stop loss 69500, target 60000-62000, second target 55000. Don't chase high and go long, we're only 2.5% away from 68K. Mosquito legs are also flesh, but it's not worth beating for this bit of flesh. 6. A final warm reminder. The implementation of Japan's interest rate hike and the US Iran agreement has temporarily eliminated short-term uncertainty. But make no mistake - this is just a temporary emotional repair, not a trend reversal. 68363 is the last stubbornness of the bulls. If you get scared there, the fifth wave will fall and fall again. Let the bullet fly to 68K first, let Walsh finish speaking, let Meiyi's signature pen fall, and then decide whether to pull the trigger or not. Bitcoin BTC 3D Integrated Trading Analysis