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BlockBeats News, June 17th - Crypto KOL Ansem posted, stating that Bitcoin is currently at a crucial point, retesting the key weekly resistance level around $65,000 to $66,000 within this range. Currently not longing BTC at this level as he believes there are better long opportunities in the market. However, if BTC closes above this range, it may retest $72,000, a scenario he personally favors. If his assessment is wrong and BTC falls below $63,800, showing signs of weakness, the short-term outlook will turn bearish, potentially retesting $60,000. In such a case, shorts will be considered with a stop-loss set above the previous short-term consolidation range. Additionally, Ansem mentioned that today's FOMC minutes released at 2:30 ET may impact the market direction.

BlockBeats News, June 17th, according to Bitget data, the US stock optoelectronics concept stocks collectively rose, with Credo Technology (CRDO) up over 6%, AXT Inc (AXTI) up over 5%, Astera Labs (ALAB), Marvell Technology (MRVL) up over 4%, Coherent (COHR), Ciena (CIEN) up over 2%.

BlockBeats News, June 17th, U.S. President Trump announced on social media, "I will hold a press conference in France in 45 minutes. Afterwards, I will head to the Palace of Versailles to have dinner with the leaders of France and other European countries, and then return to the U.S. tonight. This visit has been a great success, but the main topics everyone wants to talk about are that Iran will not have nuclear weapons and the immediate opening of the Strait of Hormuz! The U.S. economy is performing excellently, with the current employment rate reaching a historic high. The U.S. has attracted over $19.1 trillion in investment, with thriving factories and industries. Importantly, due to the agreement reached, the stock market has been soaring recently, and at the same time, oil prices are plummeting!"