$BTC July 15, daily crypto market analysis

⚠️Risk warning: Cryptoassets are highly volatile. This content is only for market reference and does not constitute investment advice. High-leverage contracts can easily lead to liquidation.
BTC spot price is $65,200. It surged sharply after overnight CPI cooled more than expected. During the session, it tested the $65,000 level and faced pressure, resulting in choppy consolidation. The 24-hour gain is over 3%, and concentrated short liquidations drove a short-term squeeze-like行情. ETH is stronger, rising to $1,885. Broad-based mainstream coins are generally up, and public-chain tokens show particularly strong rebound strength. However, small-cap coins are clearly diverging, with capital concentrating toward leading mainstream assets. BTC spot ETFs saw a modest return flow, and market risk appetite has notably recovered.
On the macro front, June CPI data came in below expectations across the board. The probability of a July Fed rate hike dropped sharply, and US Treasury yields and the US dollar weakened in tandem, temporarily easing valuation pressure on cryptoassets. However, core inflation remains above the 2% target. The market still prices in the possibility of a rate hike in September. This rally is mainly a行情 of expectation repair, not a complete trend reversal. Ongoing Middle East geopolitical uncertainty will continue to intermittently disrupt the market.
Key levels: BTC resistance at 65,000-65,600, support at 63,800 and 63,000; ETH resistance at 1,920, support at 1,820.
Trading idea: Do not blindly chase longs; stay alert for profit-taking at higher levels that could trigger a pullback. For spot, wait for a retest of support and scale in positions. For perps, strictly control leverage; cautiously test shorts near overhead resistance. Altcoin rally persistence is limited, so reduce heavy-position participation as much as possible. Continue to monitor US Treasury and US stock volatility into the evening.