On June 17, researcher Chloe stated that despite the market turbulence caused by Israel's airstrikes on Iranian nuclear facilities, Bitcoin's decline this round was only about 4% and quickly rebounded to around 107,000 USD, showing significant resilience. The 100,000 USD level is seen as a key psychological support level, and if it falls below, it could trigger over 1.74 billion USD in long positions liquidation.
On-chain data shows that since June 13, over 1.1 billion dollars in long positions have been liquidated, with Bitcoin accounting for more than 40%; the sentiment in the options market remains strong, with the total open interest of BTC call options reaching an all-time high, and the Put/Call premium ratio at just 0.21, as the market generally bets on BTC hitting new highs.
Chloe pointed out that with the Federal Reserve's meeting approaching, oil prices may rise due to geopolitical risks, which could elevate inflation expectations, while the CPI/PPI data shows that core inflation remains moderate.