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Friday: ranging higher—keep going long after the pullback above 61000.
Yesterday’s Non-Farm data came in below expectations. Positive momentum followed, pushing Bitcoin up slightly toward the 62000 level. In the short term, the bearish factors are already out of the way, and the bulls still have momentum to continue higher—only the pace is a bit slow. However, the rebound is not a reversal. This bounce can only be treated as a weak correction. So we’ll finish this round of upside first, and then we’ll keep going short.
Bitcoin spot ETFs are seeing sustained and record-breaking capital outflows, with the outflows heavily concentrated. BlackRock’s IBIT is the main source. In June alone, it accounted for about $3.55B in net outflows. The fund is down more than 54% from its historical high in October 2025. On top of that, with rising expectations for Federal Reserve rate hikes, the outlook remains grim.
Go long BTC with the reference zone at 61000-61300. Targets: 62500-62800. If 63000 is not broken, short boldly.
Go long ETH with the reference zone at 1685-1700. Targets: 1750-1770. If 1785 is not broken, short directly.
No matter how the market moves, we do the same—going with the trend is always right. #GateCard上线积分体系