๐ OTC Weekly Trading Insights โ July 3, 2025!
#Bitcoin #MacroUpdate #ETFFlows #MarketSentiment
๐น Market Overview!
Last week, BTC was testing the upper boundary of a bull flag near $109,000. It was rejected (high of $108,870) and pulled back to find support around $105,250.
๐ฐ Positive macro headlines โ including:
U.S. optimism over the "Big Beautiful Bill"
Fed rate cut expectations
A ceasefire between Israel and Hamas
โ boosted sentiment in traditional markets, pushing the S&P 500 and Nasdaq to new all-time highs.
๐ Meanwhile, BTC remains range-bound, and the BTC volatility index hit a 2-year low, signaling an imminent breakout.
โ ๏ธ Our desk leans bullish, expecting BTC to break upward if macro conditions remain supportive. Still, we stay alert to downside risks, especially pending Fed decisions.
๐ BTC ETF Tracker!
Despite $900M+ net inflows over the last 5 sessions, BTC's price remains stable.
โก๏ธ Why? Long-term holders may be selling into strength, neutralizing ETF-driven demand.
๐ง Strategy: Maintain cautious neutrality while watching ETF momentum closely.
๐ Macro Data Highlights
US jobless claims lower than expected
Durable goods orders revised higher: +16.4%
PCE inflation in line (Core PCE slightly above forecast)
China PMI improves to 49.7
Eurozone & German inflation cooling
US PMI and JOLTS data strong
ADP Jobs report disappoints with a surprise drop
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$BTC $ETH #BTCAnalysis #CryptoMarket #VolatilityAlert #BitcoinFlagPattern #FinancialMarkets #CryptoNews