BTC: As of June 16, 2025, the current price of BTC is $107000; Yesterday's closing pattern was a "cross line", with a decrease in trading volume, reflecting the short-term dominance of multiple parties in the market but insufficient momentum. On chain data, if it exceeds 107000 US dollars, the cumulative liquidation of short orders will exceed 900 million US dollars, which may accelerate the upward momentum; On the contrary, if it falls below $103000, a bearish counterattack could bring liquidation pressure of up to $1.39 billion. At present, the inventory of Bitcoin on the platform continues to decline, and the chip structure remains stable. At the macro level, the progress of Sino US trade negotiations is slow, geopolitical risks are intensifying, and coupled with Tuesday's US retail sales data indicating negative growth (deflationary signals), it may drag down GDP growth. The Federal Reserve's interest rate meeting on Thursday is expected to remain unchanged, and the dot matrix and Powell's speech will guide the policy direction for the second half of the year. If deflationary expectations intensify, risk assets may come under pressure. Overall, the chips in the $93000 to $98000 range remain stable, while new positions have also begun to accumulate around $105000. Currently, Bitcoin may still be in a temporary peak range, and if there is no significant positive support for a short-term rebound, there may be downward pressure in the future market. Based on recent market trends, it can be seen that the trading rhythm of Bitcoin shows a certain regularity, usually rising from Monday to Wednesday, adjusting from Thursday to Friday, and falling into horizontal fluctuations on weekends. Long term boarding point: 88800-89100 USD range; The range of 82500-82800 US dollars; Position allocation suggestion: Long term BTC accounts for 50% of the total position;