BitUnix analyst: The US dollar continues to fluctuate, the foreign exchange market is watching Powell's testimony, and the cryptocurrency market is poised to take off

BlockBeats News: On June 21st, the foreign exchange market fluctuated this week, with the US dollar index stabilizing and hitting a three week high against the Japanese yen, reflecting the market's comprehensive response to the cooling of the situation between Iran and Israel and the shift in Federal Reserve policy. Federal Reserve Governor Waller has expressed support for a rate cut as early as July, and Powell will testify in Congress next week, with his tone potentially dominating the short-term trend of the US dollar and asset prices. The Bank of Japan remained inactive, but economists predict that the possibility of interest rate hikes before autumn will increase, while the Bank of England held interest rates steady at 6:3, reflecting increasing internal divisions. The Middle East negotiations have released positive signals, but the market remains cautious about the risks of trade war and inflation, with central bank actions becoming a focus of market attention. BitUnix analysts suggest that Powell's testimony and geopolitical news next week may become volatility triggers, and investors are advised to wait for direction confirmation before making plans. BTC support is at $103300- $102700, still maintaining a short-term upward trend.