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7.11 BTC Evening Summary:
The rebound is in place now—whether this is a real breakout or a false move depends on the next few weeks.
Key levels:
Resistance: 66,000-67k (the hardest bone to chew; if it can’t break through, then it’s a bear-market rebound).
Support: 62k—if 60k holds, then there’s still room to look long.
Core logic: Technicals don’t matter anymore; watch the money!
The ETF must continue to flow in—can’t just be exciting for a day.
U.S. inflation and expectations for a September rate cut are external tailwinds.
Liangge’s take: In July, it’s unlikely to see a big bull market; most likely it will range and grind its base between 60k and 70k. Whether real capital enters matters more than how much it rises.