$PI $BTC $XLM


BTC breaks through $63,340! Shorts liquidated $450 million
🚀 BTC breaks $63K, shorts get slaughtered!

Key data:
• BTC: $63,340, 24h change +1.02%, 7-day change +5.10%
• ETH: $1,758, 7-day change +11.29% (Stronger!)
• XRP: $1.141, 7-day change +8.11%
• Shorts liquidated: $450 million cleared!

💡 Rebound drivers:
🔸 June nonfarm payrolls only increased by 57k, rate hike expectations collapse
🔸 BTC ETF ends 10 consecutive outflows, $222 million inflow
🔸 Shorts squeezed at $62K level → cascade liquidations push price up
🔸 Institutions net bought 167k BTC year-to-date, exceeding mining output

⚠️ But Citi lowers BTC price target:
• 12-month target: $112,000 → $82,000 (down 27%)
• ETF net inflow forecast: reduced to zero
• Head and shoulders pattern warning: breaking $55K could trigger $50K cascade liquidation
• ETF net outflows for 8 consecutive weeks: $526 million

📊 Poll: BTC breaks 63K, do you think it's a reversal or a fakeout?
A. 🚀 True reversal! Rate cut expectations + institutional buying = new bull market
B. 🤔 Fake breakout, head and shoulders still there, careful of pullback
C. 📊 Consolidation, neither up nor down, waiting for news
D. 💎 Don't look at short term, just hold long term
#GT二季度销毁257万枚 #预测世界杯葡萄牙VS西班牙 #Vitalik公布精简以太坊路线图
PI-0.67%
BTC1.29%
XLM-0.77%
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YieldYogi
· 1h ago
$ETH's 7-day 11% increase is actually much more attractive than BTC. Institutions buy BTC, retail trades ETH, each takes what they need.
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GateUser-c1cab702
· 3h ago
A $450 million short liquidation looks satisfying, but Citigroup’s lowered target price to 82k is also pretty painful. Don’t rush to go all-in—let’s see whether this week’s ETF inflows can keep coming in.
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UncleConan
· 4h ago
Just go for it 👊
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