Xingge Says Crypto | 07/13 BTC Today’s Thoughts

Entry levels: 638 - 642
Buy at a bargain: 650
Take-profit by tiers:
First target: 630
Second target: 625
On Monday’s open, the global macro logic saw an epic reversal! The fighting in the Middle East flared up again, oil prices surged directly triggering inflation fears. The Fed’s “rate-hike clouds” returned, and even gold was smashed below $4,100—some people are still shouting that “geopolitical crisis is bullish for crypto as a safe-haven hedge.”
The current market isn’t just a simple technical adjustment anymore—it’s a complete reworking of the macro pricing logic! The Iran-Iraq conflict threatens shipping through the Strait of Hormuz, the surge in oil prices sparks an inflation backlash, and the market has already started pricing in the Fed resuming rate hikes. Under the stagflation shadow of “high inflation + high interest rates,” BTC and SOL as high-beta risk assets face sell-pressure that will be devastating. Last week’s rebound was only the “last glow” of ETF funds temporarily flowing back; this week will surely bring a crash to cash in macro bearish news!
Follow the broader bearish trend: on the rebound, decisively go short $BTC #美伊战争阴云再起