The weekly candle closed with signals that are still indecisive. That means buyers and sellers are still pulling against each other without a clear winner.
On the other hand, rising geopolitical tensions are pushing oil prices higher and could pressure the US stock market. If risk-off sentiment continues, risk assets like Bitcoin could also be affected.
Technically, Bitcoin is still facing a resistance area on the daily timeframe. As long as that level has not been broken strongly, the possibility of rejection still needs to be watched.
The scenario to pay attention to is a sideways move or a choppy market in the range of $50K-$60K before a more solid price base is formed.
In a market like this, patience is often more profitable than forcing an entry. Focus on risk management and wait for a setup with the best probability.
Not financial advice. Always do your own research (DYOR).
US Stock Valuations Hit the Highest Level in 100 Years—Is the Bubble Getting Closer?
Latest data from Bloomberg shows that the valuation of the US stock market is now at the highest level in more than 100 years. The Composite US Stock Valuation Index, which combines various indicators such as P/E, CAPE, Price to Book, and Market Cap to GDP, is now approaching the 100th percentile across history.
This situation indicates that US stocks are trading at extremely expensive valuations compared with historical averages. Of course, high valuations don’t necessarily mean the market will immediately fall. In several previous cycles, the market was still able to continue rising for quite some time before eventually experiencing a major correction.
For crypto traders, this is worth monitoring. If stock valuations start to be corrected due to changes in interest-rate expectations, inflation, or an economic slowdown, risk-off sentiment could also weigh on Bitcoin and other risk assets. Conversely, as long as global liquidity remains strong, high valuations alone are not yet enough to make the market reverse direction.
In short, don’t focus only on Bitcoin price. Movements in the US stock market are still one of the key indicators that can influence the direction of crypto over the next few months.
Source: Bloomberg
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Bitcoin is still moving steadily around $64,000. Even though the price looks flat, the battle between institutional accumulation and distribution is still ongoing. What supports BTC? • Japan is becoming more open to Bitcoin Japan’s Minister of Finance has started considering the legalization of crypto ETFs, while Metaplanet is exploring issuing BTC-based bonds. This is a sign that institutional adoption continues to grow. • The consolidation phase is still healthy BTC has been moving sideways for 307 days in the $60K–$70K range. Historically, phases like this often become a foundation before major movement appears. • Technicals remain stable Price has managed to hold around $64K, with the RSI at around 47, indicating that selling pressure is starting to get absorbed without losing the market structure. However, there are still a few things to watch out for. • ETFs record outflow again of $114.5 million, while Galaxy Digital moves about $160 million worth of BTC to the exchange. This could potentially add selling pressure in the short term. • Tether stops routine BTC purchases, which have been one of the sources of consistent demand in the market. • Regulation is not fully smooth yet The rejection of Bitcoin-based municipal bonds in New Hampshire shows that institutional adoption still faces challenges in some regions. Conclusion: Market structure is still relatively strong because BTC can hold above $64K. However, ETF outflows and distribution from some institutions limit the potential for a quick rise. As long as the $60K–$70K area hasn’t been broken through with strong volume, treat this phase as an accumulation and consolidation period—not a sign that the bull run is over or that it has just truly begun. The market rarely gives answers as easily as that. $BTC
Bitcoin is still consolidating in the $63,000 area, but behind what looks like relatively calm movement, institutional activity is starting to pick up.
What’s happening?
• Spot ETF records inflow of +$265.6 million This is one of the signals that institutions are accumulating again after a long period of outflows.
• BTC continues to be withdrawn from exchanges Large withdrawals from CEX indicate that many investors are choosing to hold their assets rather than sell them. Supply in the market is also decreasing.
• Adoption continues to expand Lightning Network integration is becoming more widespread, along with proposed Bitcoin-based bond initiatives at the state level, strengthening the narrative for long-term adoption.
On the other hand, corporate selling pressure is starting to ease.
Previously, BTC sales totaling $216 million were seen as forced selling. After that pressure subsided, the opportunity to form a potential price-base area began to open up.
But risks remain.
• Geopolitical tensions in the Middle East are pushing oil prices higher. If inflation rises again, the Fed may keep interest rates high for longer. This is not good news for risk assets like Bitcoin.
• The US Strategic Bitcoin Reserve still faces regulatory obstacles, so implementation is not yet certain.
• Whale activity still needs to be monitored. Large BTC transfers to and from exchanges can trigger volatility if the coins start hitting the market again.
Conclusion:
BTC is currently building a foundation around $63K. ETF inflows and reduced exchange supply are constructive signals, but macro factors will still determine the direction next.
As long as support holds and institutional accumulation continues, the opportunity to extend the uptrend remains open. But don’t be fooled by how quiet the market is—big moves often originate from the most boring phases.
Inflation Rises Beyond Expectations. The Market Starts to Worry, Traders Don’t Get Overconfident
Market movement is not only influenced by inflation numbers, but also by how far inflation deviates from investors’ expectations.
Latest data shows inflation briefly stood far above market estimates. Even though the pace of increase has started to slow, the surprise still makes market participants more cautious about risk assets such as stocks and crypto.
When inflation continues to exceed expectations, the likelihood of panic selling will increase as the market begins to anticipate tighter monetary policy and potentially reduced liquidity.
For crypto traders, the focus isn’t just on looking at inflation data, but on whether the release results come in above or below expectations. Often, market reaction is determined by the "surprise factor," not by the number itself.
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Bitcoin has managed to recover to the $63,800 area after the past few days demonstrated fairly solid strength.
This rally is driven by a combination of improving fundamental and technical sentiment.
What supports the increase?
• The Strategic Bitcoin Reserve narrative is getting stronger Discussion around the possibility of a U.S. Strategic Bitcoin Reserve has once again drawn market attention and boosted long-term optimism.
• SpaceX enters the Nasdaq-100 Potential passive capital flows from a major index have reignited positive sentiment toward assets linked to the digital economy.
• ETFs record inflows again Spot ETFs logged a +$56.3 million daily inflow, indicating that some institutions are starting to re-enter after a prolonged period of outflows.
• Sellers may be running out of steam The Sharpe ratio is at the lowest level in history, while BTC strongly bounces off the $61.7K area with high volume. This suggests that selling pressure is beginning to ease.
However, the market is still far from being safe.
Risks to watch:
• Corporate selling pressure is still real A large corporate entity sold 3,588 BTC, or roughly $216 million, to fund dividends. Additional supply like this could limit price gains.
• U.S. institutions are not fully bullish yet The Coinbase Premium Index has remained negative for 48 consecutive days, signaling that selling pressure from major players in the U.S. is still ongoing.
• Leverage is starting to build up There is a whale opening a 40x long position worth 1,000 BTC. If momentum weakens, positions like this can become a source of volatility and trigger cascading liquidations.
Conclusion:
The short-term structure is starting to improve, and ETF inflows provide fresh tailwinds for the market. But as long as institutional selling pressure has not truly disappeared, this rally still needs further confirmation.
BTC is trying to build a new foundation above $63K. But as usual, the market likes to offer hope right before testing everyone’s patience—especially those who are too quick to shout "the bull run is back."
They say your birth month can reveal your trading style 👀
Some people are patient, waiting for the setup. Some are aggressive, hunting for quick opportunities. There are also those who seem calm, but quietly work hard evaluating the chart.
So which type are you?
11:11 = A patient, calculated trader 22:22 = An emotional trader, but with strong instincts 33:33 = An aggressive, confident trader 44:44 = A disciplined trader who’s hard to predict
Write your birth month in the comments. Let’s see your trading style 🔥
Disclaimer: This content is for entertainment and education only. Not a solicitation to buy or sell crypto assets.
Bitcoin has started to show a glimmer of hope. But remember, one green candle doesn’t mean the party is already starting. The market loves giving people false confidence, then slapping them with reality.
Technically, the weekly chart successfully printed a bullish close, supported by bullish divergence and a stochastic cross-up. This combination opens up the possibility of a relief rally over the next few weeks.
For long-term investors, the current area is still quite attractive for gradually doing DCA. Keep using risk management and don’t go all-in just because the signals are starting to look better.
Not financial advice. Do your research before making an investment decision.
Open Interest Bitcoin Keeps Rising, Watch Out for Short-Term Retracement Risk
BTC Futures Open Interest Percent Change Oscillator shows that Bitcoin open interest is starting to increase alongside the price rally over the past few days. This means more new positions are entering the futures market and leverage usage is rising again.
An increase in open interest is often a sign of growing trader interest. However, if this rise is not accompanied by strong demand in the spot market, price movements may become more vulnerable to volatility.
In such conditions, the market is usually more prone to long liquidation or retracement when negative sentiment emerges. So, the ongoing rally may not necessarily continue right away without a correction first.
For traders, monitor open interest movements together with spot volume and the funding rate. If leverage keeps increasing while the price begins to lose momentum, the chance of a short-term correction will become even greater.
Source: CryptoQuant
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Bitcoin managed to break through $63,000 after a combination of improved macro sentiment and accumulation activity from major players.
What’s driving the rise?
• U.S. economic data starts to support Expectations for a Fed rate hike have eased, so interest in risk assets like Bitcoin has picked up again.
• Whales and companies keep accumulating Large holders are absorbing supply in the market, strengthening the view that BTC is forming a bottom area.
• Institutions are getting more involved Crypto service launches by banks in Germany and clearer regulation in the UK are creating opportunities for institutional capital to enter.
• Cash flows turn positive again More than $25 million flows in within a day, pushing BTC up to $63,297 with the MACD returning to bullish.
But this euphoria still has a major test.
Risks to watch:
• Spot ETFs are still recording significant outflows throughout June, indicating that some institutions are still choosing to wait and see.
• The 200-week SMA area at $62,660 is an important resistance. BTC has already broken above it, but it needs to hold above this level for the breakout to be considered valid.
• The current rally may be driven by a short squeeze, not a strong surge in spot demand. If that’s the case, the increase could quickly lose momentum.
Conclusion:
Short-term momentum is starting to improve, but bullish confirmation isn’t complete yet. As long as BTC can hold above the $62.6K-$63K area and volume remains strong, the chance to continue the uptrend is still open.