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

The daily chart opened higher and moved up steadily, completely breaking away from the previous weak consolidation zone. Currently, the Bollinger Bands are narrowing, with very limited downside space for retracement. Short-term slight pullbacks are just consolidations building up strength during the upward trend, which has shifted from weak to strong overall.
The 4-hour trend structure is clearer, with the price quickly stabilizing after testing the middle Bollinger Band support, forming 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 mid-term upside potential.
The 1-hour cycle price has rebounded from the lower Bollinger Band and is now firmly above the upper band. The slight pullback after the surge is a healthy correction within the trend, with no signs of turning bearish.
BTC trading suggestion: Buy at 64,700-65,300, stop loss at 64,000, take profit at 66,500.