$BTC 6.24 Crypto Market Brief | MSTR suffers five straight declines, dragging BTC; BTC falls below 62,000, daily chart churns and breaks support


BTC 61877, down nearly 4% in a single day; MSTR has dropped more than 20% over the past five days. Market worries that BTC will be sold passively due to coupon-payment/debt-service pressure. PCE inflation data comes in above expectations, strengthening expectations of further rate hikes by the Fed; ETFs continue to see large outflows. With large-scale options approaching expiration, put-side positions dominate, and global risk appetite falls across the board.
Trading outlook: Don’t rush to buy the dip after support breaks; wait for stabilization. Before a reversal, trade in light positions within the range; strictly set stop-losses. If price breaks out with increased volume, follow the trend.
Risk warning: The information is for market reference only. Crypto assets are highly volatile and do not constitute investment advice.
BTC-2.13%
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