Pal BTC Market Daily Report – 6.9 Chart 1: Daily Chart 1) After the recent liquidity grab on the daily chart, it’s still in a rebound and consolidation phase. At the moment, it’s hard to determine the short-term direction—waiting for tomorrow’s CPI. 2) From a trend perspective, it’s still bearish. But as mentioned in the weekly report, this phase requires consolidation, and that’s exactly where we are now. So for short-term traders, it’s recommended to skip this phase. Wait for a rebound to short or wait for a confirmed signal to short. 3) The higher-level resistance is definitely at 725, but my personal view aligns with the weekly report. Currently, EQ is at 696, and the weekly FVG EQ is at 681. For now, the maximum rebound target is still 69. Chart 2: Hourly Chart 1) The current consolidation range is between 59-648. Right now, it’s being rejected by the H4 bearish OB, so first, watch for a test of EQ 619 OB. This is an accumulation support zone. I believe it will continue testing the H4 bearish OB, which also means testing 648. 2) If it breaks below 612, then continue to watch for tests at 60 and 59.