Chu Yuechen: Bitcoin (ETH) Market Analysis and Trading Reference (June 15th)

Today is Monday, June 15, 2026. The US-Iran peace agreement has driven a rebound in risk assets. BTC has rebounded strongly by over 10% from its low of around 59,100 on June 6th, reaching 65,931 in the early morning of June 15th, and is currently trading around 65,600. ETH has also rebounded to around 1733, rising 1.34% in the last 24 hours from its low of 1504. In the past 24 hours, the total liquidation amounted to approximately $325 million, with short positions accounting for a staggering 71%, forming a typical short squeeze. Therefore, today's trading strategy is to treat it as a range-bound market. The positive news has been fully priced in, and time is needed for consolidation. Whether the upward trend will continue or face downward pressure and a pullback will depend heavily on the interest rate decision announced at 2 AM on Thursday and Warsh's subsequent remarks. Given the current positive news regarding the US-Iran negotiations, caution is still advised in trading. Everyone is aware of this situation, so please use stop-loss orders. For intraday contract trading, consider entering long or short positions for BTC between 66000 and 63500, with a stop-loss order of 500-1000 points based on your risk tolerance. Targets should be placed near the upper or lower limits of the given range. For ETH, consider entering long or short positions between 1730 and 1650, with a 50-point stop-loss. Market conditions are constantly changing, and we need to adjust entry and exit points accordingly. To discuss trading strategies further, please check my profile.