June 15, Monday BTC Afternoon Outlook

Over the past five days, BTC has experienced a rebound from a decline, with a volatile correction pattern. Earlier, due to the Fed's delay in interest rate cuts, continuous outflows from spot ETFs, and Middle Eastern geopolitical conflicts, the price once dipped to the key low of $60,700. A large amount of leveraged positions were liquidated, and market panic was widely released.
As the US and Iran reach a temporary agreement and geopolitical risks ease, market risk appetite recovers, and the coin price begins a steady rebound. Currently, it stabilizes around $65,700 with oscillations.
Key levels on the chart are clear: $64,200–$64,600 is a strong short-term support. Holding this range can sustain the rebound structure. The ultimate defense level remains the previous low of $60,700.
The first resistance level above is at $66,200. Only after breaking through can there be a chance to test the previous trapped zone at $68,400. Currently, trading volume has decreased, and bullish momentum is relatively weak.
Overall, these five days are a technical correction after a sharp decline. Institutional funds have not fully escaped, and the market is likely to fluctuate within the range repeatedly. Do not blindly chase high; wait for support to be tested or for resistance to be broken and confirmed before planning trades.
Trading suggestion: Rebound near $66,000 to look for a short-term target of $64,600 (light position). If broken, look $BTC for $63,000.