$BTC 7.8 Crypto News Flash


BTC is currently at $63,100, down 1.3% in the past 24 hours. After hitting resistance at $63,800, it weakened under pressure. ETH also saw a slight pullback, altcoins are generally weak, and market bulls and bears are increasingly divided.
Last night, the Fed's June meeting minutes were released, signaling a hawkish stance. Officials indicated that there is still a risk of inflation rebounding, raising expectations for a rate hike later this year. U.S. bond yields rose slightly, suppressing the crypto recovery.
MSTR previously sold 3,588 BTC to pay dividends, causing sentiment pressure. Today, the stock price fluctuated narrowly. The company emphasized that its long-term HODL strategy remains unchanged, and this sale only accounted for 0.5% of total holdings. The short-term negative impact is gradually being digested, but the pressure from high preferred stock dividends persists, continuing to limit Bitcoin's upside.
Geopolitically, the U.S. has resumed strikes on Iran, causing oil prices to surge. Global risk appetite has cooled, and funds are slightly withdrawing from highly volatile crypto assets.
On the capital side, spot ETFs continue to see small net inflows, but the inflow momentum is weak. Institutions remain cautious, and the market is still in a stock-driven game. Technically, the daily chart is in a wide range oscillation, with resistance at $63,800-$64,200 and support at $61,500.
Trading strategy: Do not chase rallies. If the rebound meets resistance, take light short positions. If it pulls back to key support, bet on short-term longs. Strictly control positions and set stop-losses throughout. If volume picks up and it holds above $64,500, then look for a continuation of the trend. Macro volatility is expected to increase tonight, so avoid high leverage.
Risk warning: Crypto assets are extremely volatile. This content is for informational reference only and does not constitute investment advice.
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