June 11th noon: Bitcoin box range is blocked: falling back above 67000 again: can it stop falling and rebound?

Hello all, my fellow coin enthusiasts. After the holiday, we welcome a new day of prosperity, and I hope everyone can earn good profits this week. After the price surged to 72,000, it was influenced by non-farm payroll data and fell to a low of around 67,800. It is important to monitor the central bank's monetary policy, such as interest rate adjustments, as these policies may affect the valuation of cryptocurrencies. Leverage trading carries risks, as significant losses and liquidation may occur. Follow the progress of the spot Bitcoin ETF proposal, which may stimulate price recovery. Although the market conditions are generally like this, there are still potential catalysts for Bitcoin price rebound. The Fed is expected to announce interest rate cuts soon, and the Bank of Canada and the European Central Bank (ECB) have taken similar measures. These changes in monetary policy by major central banks in the G7 may create tremendous growth opportunities for cryptocurrencies such as Bitcoin. In summary, the recent price drop of Bitcoin has had a chain reaction on the entire cryptocurrency market, causing significant losses and liquidation of altcoins. However, upcoming changes in monetary policy and the launch of spot Bitcoin ETF may provide support for price recovery. Intraday, Bitcoin price is focused on the range of 69,300 to 70,000. If it does not break through and stay within 69,000-69,500, one can take advantage of the pullback in this range, with a target of 67,500-67,200 and go long near 67,000, with a target of 1500-2000 points.

Old Wang mentioned before that if the price falls below the range, there is a chance that it will come to the position of 3550. Pay attention to the range of 3500-3480 below, and follow the operation suggestions. Go long in the range of 3540-3520, with a target of 3650-3700 and a stop loss behind 3480.

If you don't follow me, you will regret it after reading ten chapters. I am Lao Wang, maybe just a passerby on your journey of investing in digital currencies, or maybe your mentor on the investment road! #ETH#