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$SOL Bitcoin surges too much, retraces "drops below $65.6k"! On the eve of FOMC's first appearance, with a single-day liquidation of $338 million, market watchers observed that yesterday (6/16), Bitcoin once surged to nearly $67,300 high, ETH soared 4.6% in a single day, with 107k traders liquidated, totaling over $489 million; this morning (6/17), after gains, it retraced, with BTC falling to $65,802. The entire network experienced $338 million in liquidations over 24 hours, mostly long positions, and the Fear & Greed Index remains at "Extreme Fear" 22. The FOMC decision will be announced in Taipei time early morning on 6/18, with new Chair Kevin Warsh's debut, market holding its breath, and the market consolidating with weak volume.
(Background summary: Bitcoin hits $67,300, Ethereum up 4.6%! Bloodbath for the bears with 107k liquidations totaling $489 million)
(Additional background: Fed spokesperson comments on Warsh's first appearance: The new Fed Chair needs to prove that "shutting up" is more powerful than "speaking")