Selle’s take on this round is quite interesting. The idea of capital rotation carries more information than simply shouting bullish or bearish. I’ll remember this 62,800 threshold for now.

Bitcoin fluctuated and hovered above $60k after volatility on June 7, with an intraday range of $60,420–$62,839.
A daily close above $62,800 would improve the short-term trend, while falling below $60k could trigger deeper support.
Celer said this is a good opportunity to increase holdings, attributing the sell-off to large capital demands from Anthropic, SpaceX, and OpenAI, which is a capital rotation.
If trading volume confirms buyers returning above $62,800, maintaining $60,000 is expected to push the price to $65,000–$68,000.