MSTR Market Analysis 2026.07.06

Today MicroStrategy dropped this "bomb" of selling BTC into the market, and BTC simultaneously fell by 2700 points.

It is normal for selling BTC to be interpreted as bearish. After all, MicroStrategy's biggest narrative in the past was buying BTC. Now they have started selling BTC to cover preferred stock dividends and cash reserves. This indicates that the company has moved from simply expanding its BTC holdings to a stage that places more emphasis on cash flow and capital structure balance. More important than paying attention to the act of selling BTC itself is the market's reaction in the past few days:

If MSTR continues to weaken, it means the market believes its BTC narrative is starting to loosen, and short-term observation is still needed;

If after this obvious bearish event, the decline is limited and can even stabilize and start rising, that means the market has begun to digest the selling pressure, and funds are willing to reprice MSTR.

From a technical perspective, if it can break through 105 this week, there may be a good right-side long opportunity later. This is a trend that could emerge in the near term and is worth watching.

If the daily candlestick body breaks below 90, it means that 81.8-104 may have only been a small-scale rebound and has already ended. If this happens, there will be no expectation of an expansion of the rebound level in the short term. We should patiently wait for Q3/Q4 to end the large-scale decline and capture the subsequent large-scale rebound.#MSTR $MSTRX ‌