BTC rose 0.64% in 15 minutes: macro expectation correction combined with technical rebound drives short-term uptick

From 12:00 to 12:15 UTC on July 7, 2026, BTC rapidly surged by 0.64%. The price moved within the range of 63,399.3 to 63,874.2 USDT, with a 0.75% amplitude. After the deep drop in June, market sentiment has been somewhat restored; short-term volatility has picked up, and attention has clearly warmed up.

The main driving force behind this unusual price move is the resonance between macro expectation adjustments and technical rebound demand. First, Federal Reserve Chair Warsh said in early July that “inflation risks have declined.” Combined with U.S. added employment of only 57,000, far below expectations, market expectations for monetary easing have warmed up, providing support for risk assets such as Bitcoin. Second, after BTC fell by about 19% in June, it entered an oversold repair phase. The price rebounded from the $57,800 low to around the $63,000 area and is now testing key technical levels such as the 20-day moving average near $62,500.

In addition, after large-scale long liquidations in the earlier period, leverage in the derivatives market has fallen noticeably. On July 6, long contract liquidations totaled approximately $47.91 million, and Open Interest dropped to about $46.5 billion. The squeezing out of leverage bubbles created conditions for price stabilization. At the same time, on-chain data shows that whales have cumulatively added about 270,000 BTC over the past two weeks. The bottom-fishing accumulation by long-term holders further reinforced short-term support.

BTC is still in a stage of battling key technical levels. The $63,000 psychological integer level and the 20-day moving average near $62,500 are the main focus points for the short term. Going forward, investors should remain alert to volatility risks stemming from the U.S. CPI data on July 14 and the Federal Reserve interest rate decision meeting on July 28–29. Also, keep an eye on whether spot ETF fund flows continue to improve. Short-term volatility may intensify, so it’s advised to closely monitor market developments.