7.18 Jinglu Analysis of This Week’s Trend $BTC #USDT充值理财双重奏 #PreIPOs第二期OpenAI认购

This week, BTC (the “big pie”) overall showed a choppy repair pattern of “forming a bottom and bouncing,” but with clear resistance overhead. The weekly chart ultimately recorded about a 6% gain, the best performance in the past two months. At the start of the week, the market briefly plunged to around 61,900; then, driven by macro and funding-side tailwinds such as the cooling effect from the U.S. CPI data and the end of eight consecutive weeks of net outflows from ETFs (last week saw inflows of 2.87 hundred million), the price rebounded and twice attempted to break through the key resistance level of 65,500, but both attempts failed. It has now pulled back and is consolidating in the 62,800–64,100 range. The core contradiction in the bull-bear game is: institutional capital returning to the market provides bottom support, but on-chain data shows that whales transferred 4.3 billion BTC in a single day, with selling pressure far exceeding the ability of S&P ETFs to absorb it. In addition, inflation expectations are heating up due to oil prices rising from the Middle East conflict, which jointly suppresses upside room. Looking ahead to next week, 65,500 remains the decisive resistance overhead. After a breakout, the price could potentially be seen at $66,800–68,000. Meanwhile, the key supports below are 64,000 and 63,000; if either is lost, it may retest the 62,000 and even 60,000 psychological integer levels. At the same time, it is necessary to closely monitor the progress of the Senate CLARITY bill vote (during the week of 7/20) and developments in the Middle East geopolitical situation, as these variables will determine whether the market chooses to break upward or undergo a second dip.