Crypto is finally getting interesting today!


Bitcoin has bounced all the way up to around $65k in one go, gaining 3-4% in a single day.
This move isn’t random—mainly because yesterday’s U.S. June CPI came in cooler than expected: the month-over-month change actually fell by 0.4%, and the annual rate was only 3.5%.
The market immediately crushed the July rate-hike probability from 43% down to around 13%, and risk appetite jumped.
From what I’ve observed, the low near $58k at the end of June may have already marked a short-term bottom.
ETF flows have also started turning positive with net inflows, and the U.S. government even transferred $288 million worth of confiscated BTC to Coinbase for custody—on the institutional front, things are gradually warming up too.
Other small bright spots: Chainlink is up more than 5% today as well, partly due to Mantle’s large transfer/migration. On stablecoin regulation, Trump has again signaled support for U.S.-UK/UK-U.S. cooperation; under the CLARITY Act, there may be developments next week.

Personal position suggestions:
Bitcoin: The rebound trend is looking good. You could consider scaling in on pullbacks, keeping the position size at 15-25% of total capital.
For short-term targets, first look at around $68k. If it can hold above $65k, add a bit more.
For stop-loss, place it below $62k—if it breaks down, exit first and wait.

Ethereum: Focus on the $1,850-$1,880 range. If it holds, you can follow with a small position; the target is around $2,200.

Overall position: Don’t go all-in now. Keep total exposure within 30% and save some “ammo” for a pullback or an even better opportunity.
More cautious investors can continue to watch and decide after the PPI data comes out.

In short, today’s move is driven by macro tailwinds: sentiment is bullish in the short term, but geopolitics and subsequent data still need close monitoring.
BTC-1.15%
LINK0.32%
MNT0.91%
ETH0.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned