June 17th Crypto Market Review Yesterday's review suggested that BTC rebounded from around 60K, mainly relying on risk appetite repair, which is a short-term positive, but it is not yet a strong trend confirmation or trend reversal. In terms of cash flow: The BTC ETF just ended a 13 day continuous outflow in early June, with cumulative redemptions exceeding $4.4 billion. Although there was a net inflow of approximately $85.9 million on June 12th recently, there was a net outflow of approximately $64.8 million on June 15th, and there was still a slight outflow on June 16th. On June 15th, the net inflow of ETH ETF was about 22.5 million US dollars, and on June 16th, it turned into a net outflow of about 7.7 million US dollars. At present, there has been no continuous strong replenishment of funds from institutions within the industry. Strategy recently bought 1587 BTC, with an average price of about $63024, and its total holdings have risen to about 846842 BTC. Slightly repaired the previous sentiment in the market. Tonight's focus will be on the FOMC at 2am and Walsh's debut speech at 2:30am Technical aspect: 65K-67.2K is currently the core battlefield BTC is currently around 65.8K. This position is not a low-level safety zone, nor is it a confirmation zone after a breakthrough, but rather a middle pressure point for the rebound to enter the previous downward structure. The key pressure above is between 66.4K-67.2K. This is the location where short-term multiple attempts have failed, and it is also the area where buyer liquidity accumulates. Only when BTC re stands at 67.2K and stabilizes in 1H, can it be considered as regaining the initiative in the short term. The key support below is at 65K-65.3K, further look at 64.2K-64.7K. At present, the liquidation zone below is relatively dense, and the price may first sweep down one foot to break the long pursuit and short-term stop loss, and then see if it can be pulled back. At the 4H level, BTC rebounded from 58K-60K to above 67K, and the repair is valid. But there are still supply areas left by the previous decline above 68K, 69K, and 70K. Only by re standing at 68.5K-69K can the quality of the daily rebound be significantly improved. Summary: BTC is watching tonight's FOMC meeting and is still competing in the 65K-67.2K range in the short term. Standing at 67.2K, the short-term market has regained strength; Defending 64.2K-65K is a healthy comeback; To prevent this rebound from turning into a secondary distribution, it is necessary to break through and accept a large volume below 64.2K.