Latest Bitcoin Market Analysis Quick Report: Strong rebound to 65000, do we need to break through the surge upwards? BTC 65000 Key Position Analysis Brothers and sisters, Bitcoin has broken through! From 62200 all the way to around 65150, the CPI data exploded, and the high before the fifth shock finally succeeded. This time, the bulls showed absolute dominance. But 65000 has already reached the strong gravity level of 0.786 where Fibonacci retracement occurred, brave enough to chase after the rise? Or wait for a callback? Macro level: The True Catalyst The June CPI in the United States decreased by 0.4% month on month, and the core CPI fell to 2.6% year-on-year. The probability of the Federal Reserve raising interest rates in July fell directly from 50% to the floor. Funds have switched back from safe haven to risk mode, and BTC has become one of the biggest beneficiaries. But don't get too excited too early. The US Iran conflict is still escalating, oil prices are above $78, and the Strait of Hormuz blockade is a potential inflation bomb. If energy prices rise again and inflation rebounds, the attitude of the Federal Reserve may change at any time. This rise was also very awesome for the bull giant whales and super giant whales. Six hours before the CPI on July 13, three giant whales added more BTC orders of 30 million dollars. Macro positive news has also given bulls a ladder, but it is uncertain how long the ladder can last. Technical aspect: The bulls have won, but they haven't really cleared the level yet! Today's key position: 64700 high: The fifth impact, finally breaking through. The first four attempts failed, but this time it succeeded with the support of CPI. This indicates that there is indeed someone guarding this position, but multiple forces are consuming the air force. The Fibonacci retracement of 65000 to the strong gravity level of 0.786 is currently being tested, and this is the final level in the short term. Stand firm, look up at 65500-66000; Unstable standing, step back 64200-64500. 68000: The upper edge of a wide range of oscillations. If we really get there, we need to be vigilant. It's a large cycle selling pressure area where the main force of bears is watching closely. How to determine the strength of long and short positions: This breakthrough is accompanied by an increase in trading volume, indicating that real gold and silver are buying, not artificially rising. But the volume and energy have not yet depleted, which means that the bullish momentum is still being released, and it also means that it is not yet the time to short. At present, the head volume of the four small spaces is relatively weak, and the bears have been confused and have not yet recovered. Financial aspect: Hidden dangers still exist ETF institutions ended eight weeks of net outflows, with a weekly inflow of $282 million. However, on Monday, there was a net outflow of $420 million, and it is estimated that there will be a net inflow again today. The good news is that the bleeding has stopped, but the bad news is that this amount is far from enough to fill the previous outflow pit. ETF institutions now have a total net outflow far greater than the total net inflow of funds. So, when you say 60000 is the bottom line of this bear market, I can't compliment it and don't believe it at all. ETF institutions themselves do not believe it. The market value of stablecoins shrank by $7.7 billion in June. Without incremental funds entering the market, the foundation of the rebound is built on fragile liquidity. This is not a signal of a bull market starting, it is a rebound of short covering and macro sentiment repair. My views on the future Bitcoin market and trading strategies ⭕ Qualitative: Short term bullish trend, medium-term still fluctuating pattern (58K-68K). The upper edge area currently in a volatile range, don't think it's a bull market just because it's rising. When 68K arrives, I will instead start looking for short selling signals. ⚙️ Operation plan: Not chasing now. After confirming support with a retracement of 64.2-64.5K, take a 3-5% long position with a target of 65.5-66K and a stop loss of 63.8K. If you directly increase your volume and break through the strong gravity zone price of 65000, you can take a light position to chase, stop loss 64200, and target 65.5-66K. Around 67-68K, start to be alert to short selling signals and observe whether the volume is depleted and whether the candlestick is blocked. Total position control within 25%, with low leverage. Not greedy, not in a hurry, not gambling. Finally, a warm reminder: This round of rebound has volume, macro, and breakthrough, with strong short-term bulls. But 65000 is right in front of us, and 68K is the upper edge of the wide oscillation. Don't forget the big picture just because it's rising. Wait for confirmation before taking action. Let the candlestick tell you the answer first, instead of filling in the blank with emotions. The above analysis and prediction are based on the three-dimensional integrated trading system analysis framework. Bitcoin BTC Bitcoin Market Analysis Three Dimensional Integrated Trading System