6.9 BTC Bitcoin Strategy | Volatility in the Extreme Fear Zone, CPI Ahead—Hold Your Horses!

$BTC
As of today at 10:50, Bitcoin is priced at 62,730 USD, down 0.7% in 24 hours, down 12% over a week, and down 22% over a month. This is a typical oversold oscillation stage where "it's fallen but not broken through."

Today's main focus: buy low and sell high:
High sell: rebound near 637-641, buy at 645, watch 625-615
Low buy: dip around 620, buy at 616, watch 630-640

ETFs finally turned positive: after 15 consecutive days of net outflows, yesterday saw the first net buy-in, and this morning, Fidelity's FBTC alone bought in 59.4 million USD. This is the only institutional signal worth watching recently.

Sentiment has hit rock bottom: Fear and Greed Index at 15, pure "extreme fear." Historically, this position is usually a short-term bottom, but it doesn't mean prices will immediately rise.

The big test is the day after tomorrow: US May CPI, market expectation is 4.3% year-over-year. If it exceeds expectations, the rate cut expectations will be dashed, and the market will remain under pressure.

Today’s range is between 62,000 and 64,500 USD, with small oscillations. Just buy low and sell high to make some small profits—don’t be greedy. The real direction depends on CPI data; patience now is more important than anything else. #伊朗袭击以色列