U.S.-Iran Relations Shift Again, BTC Determines Strength in European Session



U.S.-Iran relations have shifted again, with geopolitical conflicts affecting the market and disrupting short-term market rhythms.

Today is Wednesday, with a focus on the evening's release of the Federal Reserve's June monetary policy meeting minutes.

The market is watching closely: what the Fed thinks about the economy and inflation going forward, and any forward guidance on rate cuts or hikes—these will directly impact BTC's short-term trend.

Yesterday, we entered long positions at 625-628 as planned. After the U.S. stock market opened in the evening, prices surged to around 64300, but then BTC began to decline due to the shift in U.S.-Iran relations.

Short-term geopolitical sentiment can only affect the market temporarily.

BTC Operation Suggestion: Long at 61700-62100 stop loss 900 points target 637; if broken, look to 642-648#Strategy上周减持3588枚BTC $BTC
BTC-0.28%
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