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BTC short-term support is $69,200-$70,200, with short-term resistance at $71,500-$72,500. The three major US stock indexes have mixed movements. On June 6, the US Bitcoin spot ETF increased its holdings by a total of 6,907 BTC. Franklin Templeton is considering launching a new encryption fund. BTC is experiencing a volatile upward trend of 2 steps forward, 1 step back in the short term. Cold Wind's view remains unchanged. If it doesn't break $69,500 on the pullback, it will continue this trend and may break higher in mid-June. The key support levels below are the 30-day moving average, 60-day moving average, and 120-day moving average, with little possibility of further decline.