BTC will next enter a period of grinding-range volatility.

At the weekly chart level, it has indeed moved into a state of static divergence, but the current macro backdrop and lack of momentum are not enough to support a bull run from here. At present, the market is boldly expecting rate hikes this year. If they happen, the most likely timing is at the September or December meetings, depending on the subsequent inflation data. In fact, a rate hike this year is not necessarily a bad thing for the market—it can help lower the average cost of positions in preparation for 2027.

This rebound wave hasn’t finished yet. Boldly predicting, the upper limit will likely hover around the 70,500 area. You can refer to this year’s price action from April to May. In the short term, it will definitely continue to move within an upward-ranging range. For short-term traders, you can take advantage of the trend; however, for frequent traders, you’ll face a situation where stop-losses get triggered frequently—you need to learn how to choose.