During the earnings season plus a macro data “vacuum period,” BTC will likely have to keep grinding; institutional buying is providing support at the bottom, but a breakout will have to wait for a catalyst.

QCP analysis said that the crypto market’s opening this week lacks a clear direction, and investors will focus on Tuesday’s U.S. CPI data and Federal Reserve Chair Warsh’s Congressional testimony to gauge the interest-rate path. Meanwhile, the U.S. Q2 earnings season will begin with large banks. Institutional adoption and ETF demand continue to support the crypto market, but before clear macro catalysts emerge, BTC may continue to trade in a range.