$BTC July 16 Crypto Daily Analysis (300-Character Community Repost Version)

⚠️Risk Warning: Cryptocurrency prices are highly volatile. The content is for market reference only and does not constitute investment advice. High-leverage contracts can easily trigger liquidation.
BTC current price is $61,500. After the CPI turns favorable and lifts the market, it enters a high-range consolidation. It has repeatedly tested the $65,000 level, met resistance and pulled back. Bull momentum is gradually slowing, and in the short term the market is entering a phase of profit-taking digestion. ETH is oscillating around 1,870, with its trend slightly stronger than BTC. Mainstream altcoins are clearly diverging: small-cap coins struggle to sustain gains, while capital concentrates and rotates among large-cap mainstream coins. BTC spot ETFs continue to see net inflows. Institutions keep building positions at lower levels, but the inflow momentum is easing, and market onlookers’ sentiment is rising.
On the macro front, CPI cools and significantly cuts back expectations for rate hikes, which improves risk-asset valuations in the short term. However, core inflation remains above target. Fed officials continue to issue relatively hawkish remarks, and the high-rate environment has not been fully brought to an end. The Middle East geopolitical situation keeps disrupting the market. In the evening, pay close attention to U.S. Treasury yields and Nasdaq volatility.
Key levels: BTC resistance $65,000–$65,600; support $63,800 and $63,000. ETH resistance $1,900; support $1,820.
Trading approach: This round is a recovery based on expectation—do not chase longs at high levels. For spot positions, wait for pullbacks to support and scale in in batches. For contracts, use the overhead resistance for low-position trial shorts, and strictly control leverage. Altcoin momentum is relatively weak—avoid participating as much as possible, and beware of quick pullbacks and wick spikes triggered by profit-taking at high levels.