Interest Rate Decision Countdown + Middle East Tensions Stalemate, BTC Falls into Range Consolidation, Breakout Window Approaching



Only a few trading days left before the Federal Reserve's interest rate decision on June 17, with the market generally remaining cautious and watchful.
The US-Iran conflict has entered a phase of depletion and confrontation, oil prices fluctuate slightly at high levels, and inflation concerns have eased somewhat, but not completely resolved.
Currently, funds are hesitant to make unilateral bets on the direction, and BTC remains in a narrow range oscillation.

Market Data:
BTC's current price fluctuates around $62,200, ETF redemption pace slows down, and long and short positions in the market are becoming more balanced.
24-hour liquidation volume shrinks, indicating most funds are actively reducing leverage, waiting for policy implementation guidance.

Key Levels:
Support at 61,800, resistance at 63,300

Operational Strategy:
Before the interest rate decision is announced, avoid heavy bets on the direction; focus on buying low and selling high within the range.
Wait for a breakout confirmation before positioning in spot markets; temporarily avoid altcoins.

Do you predict the interest rate meeting will be more hawkish or dovish?

#我的Gate交易时刻
$BTC
BTC1.10%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned