Various signs point to a strong bullish July
On July 1, BTC rebounded from the $60,000 area to $63,700 at the beginning of the second half of the year, briefly falling below the $60,000 support level last week. BTC spot ETFs saw a net inflow of $73 million last Friday, the highest single-day inflow in two weeks. According to seasonal data, BTC's median return in July was 9.6%, especially after a strong rebound after a negative return in June (-9.85%).
The options trading desk also saw flows last Friday in preparation for a month-end rally, possibly in anticipation of the launch of the ETH spot ETF. All signs point to July being a bullish month. #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 $BTC
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