$BTC 7.13 Crypto Market Quick Report

BTC current price $62,780 trades in a narrow range, down 0.56% over the past 24 hours. It is under pressure at the 64,000 level. ETH is also slightly weaker; over the past 24 hours, more than 60,000 across the whole network were liquidated. The market has a strong wait-and-see sentiment, and funds are standing by for tomorrow’s release of the US June CPI data.
The capital flows bring a phase-level positive catalyst. The BTC spot ETF has ended eight straight weeks of net outflows, with a net inflow of $197 million in a single week. BlackRock’s IBIT is the main magnet for funds, but the inflow volume is limited and may not be enough to change the existing positioning game. MSTR’s stock price is moving sideways at a low level. After earlier large-scale coin sales to pay interest bearish news is gradually digested, the high dividend on preferred shares still raises the risk of long-term selling, continuing to cap the rebound height.
Macro divergences are intensifying. Fed officials’ hawkish tone remains in place. The market is closely watching tomorrow’s inflation data; if CPI comes in above expectations, the probability of additional rate hikes within the year will be raised again. US Treasury yields and a stronger US dollar continue to suppress the valuation of non-yielding crypto assets. The US “Crypto Clarity Bill” resumes Senate discussion today; the hearing is scheduled for the middle to late part of this week, which may cause short-term fluctuations in regulatory expectations.
Trading range: 62,500-64,200. Focus on swing trades—don’t chase highs. Lightly short near resistance, then look for quick longs on pullbacks toward support as a tug-of-war. Ahead of the CPI release, strictly control leverage and set stop-losses properly; only after a high-volume breakout and stabilization above 64,500 should you consider extending longs.
Risk warning: Crypto assets are extremely volatile. This content is for informational reference only and does not constitute investment advice.