60k Bitcoin, do you dare to buy the dip?

The entire network has liquidated $480 million, ETFs have sold off $3 billion in a row, the US-Iran conflict pushed oil prices higher, CPI hit 3.8%—just when you thought Bitcoin was about to crash, the hash rate hit a new all-time high, and miners are running their machines even harder than last year.

First, look at the market: it hurts, really hurts.

It’s down 12% in the past week, 15% in a month, 37% in a year. From the October 2025 high of 126,000 to now 66,000, more than halved. In 24 hours, it dipped to 65k, then rebounded above 66,000, but with a trading volume of $5.7 billion—volume is increasing while prices fall, panic selling is surging.

First thing: ETFs sold off $3 billion, but the market may already be “priced in”

Spot Bitcoin ETFs have been continuously net outflowing recently, totaling over $3 billion, which is the most direct trigger for this round of decline. Institutions are taking profits, and some holders with over 50% unrealized losses are rushing to redeem.

Second thing: Hash rate hitting new highs vs price hitting new lows, this is the biggest divergence

Bitcoin network hash power has reached a record high, industrial-scale mining farms are frantically expanding hardware.

If a crash were to happen, miners would be the first to shut down. But they aren’t—they’re adding more machines.

Price has fallen 47%, hash rate has increased—this is the most extreme divergence between fundamentals and price in history.

Third thing: macro environment is terrible, but the market has already priced it in

CPI at 3.8%, above expectations, energy prices soaring (gasoline +28%).

Consumer confidence index at 44.8, worse than during high inflation in 2022.

Federal Reserve interest rate at 3.5%-3.75%, pausing rate cuts.

Price has dropped from 126,000 to 66,000, fully pricing in “no rate hikes + high inflation + geopolitical risks.”

Next, as long as one data point softens (like CPI easing next week), or the Fed’s new chair signals dovishness, Bitcoin will be the first to rebound.

Bull vs bear, see for yourself

One side:

- Hash rate at a record high, miner confidence soaring

- Exchange BTC supply at the lowest since 2019

- Post-halving, only 450 new coins per day, increasing scarcity

- Price down from 126,000 to 66,000, after halving, risk has been greatly released

Other side:

- ETF net outflows exceeding $3 billion

- US-Iran conflict pushing inflation higher, rate cuts still far off

- Breaking below all key moving averages (50/100/200 DMA)

- Technical bear market confirmed, panic selling still ongoing

Key level: 66,000, just 1,000 dollars away from the critical 65,000 line

Support below: 65,000-65,700 → 62,000-64,000 → 60k (psychological bottom) → 58,000

Resistance above: 70,000 (psychological barrier) → 74,000 (rebound target)

Short-term traders:

If there’s a volume rebound around 65,700, consider a small long position, take profit at 70,000, stop loss at 64,500. Or do a small hedge short position, target 62,000-64,000, leverage no more than 3x.

Mid-term players:

In the 65k-60k range, add positions every 5% drop, keep total position size at 30-50%.

Key signals: ETF weekly net inflows exceeding $1 billion + Fed signals rate cuts → increase holdings.

Long-term believers:

Target price: return to 90k-120k by the end of 2026.

Logic: long-term ETF net inflows + halving in 2028 + institutional allocation just starting.

Stop-loss condition: global deep recession (negative GDP growth + unemployment >6%), then consider reducing positions.

Risk management:

- Single position no more than 5-8% of total funds

- Never go all-in

- Key data next week: US CPI (June 11), Fed meeting minutes

Now is the moment to “be greedy when others are fearful”

Bitcoin remains the same Bitcoin, only your emotions have changed.

Every major bottom in history looks like this:
Everyone is criticizing, but you don’t dare to buy.

When you finally dare to buy, #分享美股交易赢英伟达股票 the price has doubled.