6.22 BitTiger Weekly

Can we break the 30000 mark this time? Brothers, it's a new week starting again! The viewpoint mentioned last week is that the second exploration has formed a Stop Hunt, which means that the probability of a short-term breakout has decreased significantly. The bearish sentiment has been released, and the short term will be a period of bullish momentum. The bulls have surged from 62k to 67k, and now have fallen back to around 64k. From the daily chart structure, there are signs of weakness in the bulls, waiting for further signal verification Returning to BTC Review Technical aspect: Last week, the big pie 65740-63311 closed down, with the K-line entity almost rebounding. The closing price continued to revolve around the opening price of 63332 last week and the closing price of 63300 last week, with long and short positions competing back and forth, once again verifying that there are large funds controlling the market at 63300 The bad signal is that the lowest price has risen by 59100-60755-62272 in the past three weeks, indicating strong support for dips A good signal is that the weekly trend is rebounding and the MACD column is gradually decreasing, forming an underwater dead cross, indicating that the volatile market will soon be resolved News aspect (macro+funding aspect): Strongest catalyst: US Iran ceasefire agreement Last week, there was a 10% rebound in anticipation of the signing of the US Iran ceasefire agreement, but the market remains in a state of panic Federal Reserve policy shift On June 17th, the newly appointed Federal Reserve Chairman Walsh made his debut: interest rates remained unchanged at 3.50% -3.75%, but the dot matrix was significantly hawkish, putting pressure on the pie and causing it to fall back The preferred stock STRC of Micro Strategy has fallen below face value, with the lowest reaching 88, to the point where Micro Strategy indicates that the company's reserve asset value can pay interest for 32 years, so there is no need to worry Spot ETF: There were no highlights last week, purely small-scale mutual competition Then serialize and update the @ ForeDex_Global data that you are following MA200：78479——77641——76723 STH：73878——72267——71082 TMP：77310——77141——77072 RP：53588——53463——53408 LTH：48870——49380——49740 CVDD：46171——46202——46275 Average mining cost: 45810-43700-45440 BTC：63300——65600——63900 Overall, we will continue to focus on the long short competition around 63300, with weekly support level (last week's lowest price) at 62200 and pressure level (last week's opening price) at 65800. At present, it is a small cycle second exploration in the midst of a large cycle, and the market is approaching 60000 in the third exploration of a large cycle. Whether the bulls can hold on to the third big attack of the bears and break the rhythm of one drum and three rounds of decline, remains to be seen Brothers, see you next week!! sixty-four thousand and one hundred ✊