**Bitcoin Holds Steady Amid Market Volatility and Chinese Stock Slump**

Bitcoin (BTC) is trading within a tight range between $60,819 and $63,550, showing little movement despite increased volatility in the U.S. bond market and a sharp decline in Chinese stocks.

- **Market Analysis**: BTC's price is hovering above $62,000, with Bollinger bandwidth suggesting low volatility. Historically, such periods often precede significant price movements.

- **Treasury Volatility**: The MOVE index, which tracks U.S. Treasury volatility, surged 24% on Monday. This could lead to risk aversion, benefiting the U.S. dollar and potentially impacting BTC.

- **Chinese Stocks**: The Shanghai Composite Index dropped 4.6%, ending a ten-day rally. This may redirect capital flows to other Asian markets and cryptocurrencies.

What do you think? Will BTC break out of its current range soon? Share your thoughts in the comments! 🚀