6.14 Monday midday market analysis. Today’s market is driven by important news catalysts, with Iran and the United States reaching a peace agreement, significantly easing Middle Eastern geopolitical tensions, and global risk sentiment warming up, providing strong macro support for this rebound rally. The overall market bullish sentiment continues to improve.

The daily chart opened higher and moved up steadily in the early trading session, completely breaking away from the previous weak oscillation zone. Currently, the Bollinger Bands are narrowing, with very limited downside space for pullback. Short-term slight retracements are just consolidations gathering strength during the upward trend, which has shifted from weak to strong overall.
The 4-hour chart shows a clearer structure, with the price quickly stabilizing after testing the middle Bollinger Band support, closing with a strong bullish candlestick to recover previous declines. The Bollinger Bands are expanding simultaneously, effectively breaking through previous resistance levels. Coupled with continuous MACD volume release, bullish momentum is further strengthening, opening up medium-term upward space.
The 1-hour cycle price has rebounded from the lower Bollinger Band, currently holding above the upper band. The slight pullback after the surge is a healthy adjustment within the trend, with no bearish reversal signals.
BTC trading suggestion: Buy at 64,700-65,300, stop loss at 64,000, take profit at 66,500.