Bitcoin just broke below 59k in the early morning, but after a meal break it's back above 60k. This back-and-forth tug-of-war move is honestly a bit confusing 😷.

Data shows that last week's Bitcoin spot ETF net outflow was $1.79 billion, the third highest in history, with BlackRock alone accounting for $1.3 billion. Funds are fleeing while prices are bouncing, how long can this divergence last?

What's even more surreal is gold — it has fallen below $4,000 for the first time since last November, and silver has nearly halved. Traditional safe-haven assets are falling out of favor, and capital flows have become unpredictable.

📊 Market Overview:

$BTC Now at 59,741, the 1-hour RSI has returned to 52, with short-term sentiment somewhat repaired. However, the daily MACD is still below the zero line, and the major trend has not reversed.

$ETH Around 1,584, the 1-hour RSI is at 67, short-term is a bit overheated. SOL bounced from 69.68 to 71.52, and the 1-hour RSI returned to 49, bulls and bears are temporarily balanced.

$HYPE Reporting at 62.22, the daily Bollinger Bands are extremely wide, and volatility is still expanding.

🛑 Two Key Variables:

First, the US-Iran situation. Both sides have agreed to cease mutual attacks and plan to meet in Doha, Qatar on the 30th. However, Iran directly skipped the previous technical negotiations, and agreements can be called off or resumed at any moment. What will come out of this meeting? No one can guarantee.

Second, the July 2 non-farm payroll data. The market expects 113k new jobs in June and an unemployment rate of 4.3%. If the data beats expectations, bets on a Fed rate hike may further solidify.

💡 Let's talk about something real:

Yi Lihua mentioned a couple of days ago that from the peak of 126k, a 60% drop would bring it to 51k, and a 66% drop to 43k. He believes that July-August may be the last bottom zone of this cycle. Whether this judgment is correct, only time will tell.

At this level, do you think Bitcoin can hold 60k by the end of the month? See you in the comments 👇