6.30 Bitcoin: Tight funds at month-end, bears dominate, don't rush to catch falling knives



$BTC
Entry: short near 602-606, stop loss 610, target 590-580

Bearish still dominates the market: month-end institutional settlements and outflows from Bitcoin ETFs; the Fed's high interest rate environment tightens USD liquidity, and the news of MSTR authorizing coin sales to cash out further suppresses sentiment. Overall market lacks incremental funds, retail investors are cautious and wait-and-see

Bullish news are only sporadic: news like the UK easing stablecoin regulations only provide minor emotional support, not enough to change the overall weak pattern#美伊冲突再升级
BTC-0.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned