June 16 Tuesday midday market analysis.

The geopolitical situation here is basically settled; Trump has made a statement that the U.S. and Iran have signed a memorandum of understanding, aiming to end the conflict related to Langzi and reopen the Strait of Hormuz. The formal signing ceremony will be held in Geneva on Friday, followed by 60 days of technical negotiations.
Next, focus on the Federal Reserve interest rate decision, and the market impact from the speech by new Chair Powell.
Yesterday saw a volatile upward trend, with an early surge, steady rise during European trading hours, and continued gains in the U.S. session, followed by a pullback at the close, forming a large bullish candlestick on the daily chart.
After three consecutive rebounds, the bullish momentum weakened toward the close, beginning to decline. On one hand, the Middle East geopolitical situation still contains uncertainties; on the other hand, the market is waiting for the Federal Reserve interest rate decision to be implemented.
In the short term, the market is unlikely to break out of a single direction, maintaining a range-bound oscillation overall.
BTC trading advice: short near 66,500, stop loss at 67,300, take profit at 65,500-64,800.
Buy near 64,500-65,000 with a stop loss at 63,800, take profit at 66,000-66,500.