Brother Xing Says Crypto 丨0706 $BTC Today's Strategy

Entry point: 63500-63700, Stop loss 63200
Take profit targets:
First target: 64500
Second target: 65200
News & Fundamentals
Macro & Non-Farm: U.S. June non-farm payrolls missed expectations, unemployment rate slightly rose, Fed's September rate cut expectations significantly heated up, macro liquidity tightening pressure eased, bullish for risk assets.
Geopolitical situation: A temporary ceasefire agreement was reached in a hot spot in the Middle East, market risk aversion rapidly cooled, funds withdrew from safe-haven assets like gold and U.S. Treasuries, flowing back into high-risk, high-reward markets like Bitcoin.
ETF capital: Wall Street institutions have completed position adjustments, BlackRock's IBIT saw a single-day net inflow of over $280 million, a recent high, and Grayscale's GBTC also turned to net inflows, with large capital showing strong willingness to buy on dips.
Reasons
Technicals: The daily level has formed a textbook "W-bottom" pattern and strongly broke through the neckline; the 1-hour level shows a volume-driven breakout, with good volume-price coordination, signaling the start of a main rally, not a low-volume false breakout.
Order book language: The 63500-63700 range below is a previous high-volume area and a key support zone after the breakout (top-to-bottom conversion). A pullback to this area sees strong bullish buying pressure, offering an excellent risk-reward ratio, suitable for going long on dips in the trend.
Logical resonance: The rate cut expectations from the cooling non-farm data + risk appetite recovery from geopolitical easing + sustained net inflows of ETF capital — macro and capital factors create strong resonance, the major trend is bullish, and any pullback is an opportunity to go long. #非农爆冷打压加息预期