6.14 00:00-09:00 | 30 Seconds to Understand the Whole Night

Last night, the overall cryptocurrency market continued its strong volatile pattern, with Bitcoin briefly dipping to around 63,860 before quickly rallying, reaching a high of about 64,738 during the session, then maintaining a high-level consolidation above 64,500; Altcoins rebounded from around 1,670, peaking near 1,698, just a step away from the 1,700 threshold. Overall, both Bitcoin and altcoins remained in a high-level sideways and slightly strong structure, with bulls still in control.

In terms of capital flow, there was no obvious panic selling in the market. Large on-chain transfers increased somewhat, but mostly reflected portfolio adjustments rather than withdrawals. ETF fund inflows are still expected to be a key support for the current market, with institutional funds showing a relatively positive attitude. Technically, the MACD remains in a bullish alignment, and the KDJ indicator is high and flat. Although short-term volatility is needed, the overall trend structure has not been broken.

Regarding news, Middle Eastern geopolitical tensions continue to attract market attention, with crude oil prices remaining strong and risk aversion sentiment rising. Meanwhile, the market continues to trade on expectations of Federal Reserve rate cuts, with risk assets performing steadily overall. Market sentiment has significantly improved compared to previous days, with cautious funds beginning to flow back in. Hotspots remain focused on ETF fund movements, rate cut expectations, and international geopolitical developments.

One sentence summary:
Last night, market sentiment warmed up, ETF expectations and rate cut logic continued to support the market, with Bitcoin and altcoins maintaining a high-level sideways and slightly strong pattern. #SpaceX认购规模超2500亿美元 $BTC $ETH