$BTC Bitcoin (BTC/USDT) June 24 Technical Analysis Report 1. Overall Market Trend The price recently experienced a "sharp rise and fall" and has entered a consolidation phase. Currently, the price fluctuates around the 62,400 - 63,000 USDT range, with key attention needed on breakout/breakdown signals at critical resistance and support zones. 2. Key Levels 1. Resistance Zones (Upper Resistance) Core Resistance Zone: 63,316 - 63,523 This range is a "dense trading area" where multiple rebounds have occurred previously, with a large number of trapped positions and technical resistance. If the price rebounds to this zone, it is prone to selling pressure. Short-term Resistance Zone: 63,001 - 63,207 This is the "first resistance" during a short-term rebound. If it cannot be effectively broken through, the price may continue to retrace or consolidate sideways. 2. Support Zones (Lower Defense) Core Support Zone: 61,880 - 62,235 This range is the "stopping and rebound area" after recent declines, with strong defensive willingness from bulls; if broken below this zone, further downside space may open. 3. Trend and Trading Strategies 1. Short-term Trend Bearish: The price has quickly fallen from the high point (around 65,600), and the rebound has not broken through the core resistance zone, indicating that the bearish force still dominates. Potential Reversal Signal: If the price volume-breaks above 63,523 (upper boundary of the core resistance zone), the short-term trend may turn bullish. 2. Trading Strategy Reference Sell on Rises: If the price rebounds to the 63,316 - 63,500 range, consider a small short position with a stop loss above 63,800. Buy on Dips: If the price retraces to the 62,000 - 62,200 range, consider a small long position with a stop loss below 61,800. Disclaimer: The above analysis is based on current trend patterns; technical analysis is only probabilistic reference, and markets are highly volatile. Pay attention to macroeconomic data, policy news, and external factors that may suddenly impact market sentiment. Combine analysis of news (such as regulatory policies, institutional movements), capital flows (exchange inflows and outflows, on-chain data), and other factors for comprehensive judgment. It is recommended to strictly control positions and avoid overexposure to a single direction. Make comprehensive judgments based on real-time market data and fundamental news. Cryptocurrency markets are highly volatile; make independent decisions according to your risk tolerance. This report is based on static chart analysis; actual trading requires tracking real-time market changes and dynamically adjusting strategies. Set strict stop losses, control position risk. The above analysis is for reference only and does not constitute investment advice.

The U.S. Senate passed the War Powers Resolution by a vote of 50 to 48, calling for Trump to withdraw troops from Iran. Previously, the House of Representatives had passed the same text by a vote of 215 to 208. This is the first time since the enactment of the War Powers Act of 1973 that both chambers of Congress have simultaneously passed a resolution compelling the president to terminate military action. Four Republican senators defected and voted in favor, breaking the previous pattern of unified Republican support for Trump’s military policy. The White House directly denied the resolution’s effectiveness, with its core arguments being that the War Powers Act itself is unconstitutional and that the U.S. side had reached a ceasefire on April 7, meaning the scenario to which the resolution would apply no longer exists. On the legal front, the 1973 law provides that resolutions of this kind take effect without the president’s signature, but a Supreme Court precedent from 1983 requires adherence to a presidential-signature procedure, leaving the law’s enforceability in a legal deadlock and with currently no qualified party to initiate enforcement litigation. Even so, from a political perspective, the resolution substantially tightens the White House’s room to maneuver for restarting military action against Iran and for military spending appropriations. Trump previously said publicly that if negotiations fail, he would not rule out restarting military strikes; now, the political cost of this option has risen significantly. U.S. polling shows that only 25% of Americans approve of the value of putting money and resources into a war with Iran, while more than half are concerned that the ceasefire may be difficult to sustain. In addition, Senate Republican leader Huen confirmed that any subsequent peace agreement between the U.S. and Iran must be submitted to Congress for review and a vote under the Iran Nuclear Agreement Review Act of 2015. This adds a key variable to whether the agreement can ultimately be implemented. For BTC, this resolution reduces the tail risk of a renewed restart of the Iran conflict, slightly favoring the upside in the short term, with the marginal convergence of geopolitical uncertainty. However, because the peace agreement must pass congressional review, the execution path will be longer and uncertainty higher. If, during the review, the terms are amended significantly or rejected, geopolitical premiums could be pushed back up again. BTC is temporarily holding above $62,000, and this level remains the short-term boundary between bulls and bears. Ahead of the PCE data, market sentiment is cautious, and the resolution’s impact on the trading tape is mainly emotional for now and does not change the technical landscape. $BTC

$BTC (1H) - Short Breakdown Rejection Bias: Short Entry (Zone): 62,850 - 63,150 Targets: TP1: 62,200 TP2: 61,250 TP3: 60,100 Stop Loss: 63,650 Why this Setup: I see BTC rejecting after a sharp selloff and failing to reclaim the 63K area, so I want to short into any weak bounce. The structure still favors downside continuation as long as price stays below the recent lower highs, with room for a move back toward the 62.2K support and lower if selling pressure returns.