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Bitcoin strong rebound! Breaking through the $62,000 mark, bull market signals erupting across the board!
Bitcoin's recent performance has been on fire! From the low of around $58,000 at the end of June, it has rebounded strongly, successfully standing above $62,000 on July 2, with a single-day gain of over 4%! This surge came swiftly and completely broke the previous consolidation pattern.
What's even more exciting is that U.S. spot Bitcoin ETFs saw a net inflow of over $221 million on July 2, ending a 10-day streak of outflows! Leading funds such as Fidelity's FBTC and ARK's ARKB are aggressively accumulating positions, with institutional capital making a massive return.
Good news also comes from the macro front: Fed officials indicated that inflation risks have eased, and market concerns about aggressive rate hikes have significantly diminished. On the technical side, Bitcoin is breaking out of a multi-week descending channel, reclaiming the key resistance at $61,000-$62,000, with volume expanding simultaneously – a typical bullish breakout signal!
Historical experience tells us that after a sharp decline in June, July often serves as a rebound window. Over the past 13 years, July has averaged a gain of about 7-8%, with many positive monthly closes.
Now BTC stands at this historical juncture. Combined with the return of institutional capital and improving macro conditions, the second wave of the bull market may have already started!
Is it still too late to enter the market now? Miss this wave, and you might have to wait for the next cycle! Follow BTC and seize the wealth code!#非农爆冷打压加息预期 $BTC