BTC short term support at $69,500-$70,500, with short term resistance at $72,000-$73,000. All three major US stock indices rose. The US Bitcoin spot ETF added a total of 12,100 BTC on June 5, with a net inflow of $15 million to Grayscale. With the substantial buying of the ETF, it effectively changed the market supply relationship and opened the channel for BTC to rise again. The cold wind still holds the same view that BTC will undergo a change in market trend in mid-June, most likely breaking through the previous high of $73,800 and entering a trend of upward movement with a target around $114,000. BTC broke through $70,800 in the short term, and a turning point appeared on the daily chart, so everyone should abandon bearish thinking. Key support levels below are $69,600 and $66,600. It is recommended to hold positions, and those who are capable can increase their positions on pullbacks. Don't think about new lows anymore, everyone should respect the market trend.