Bitcoin (BTC) continues to face bearish pressure, dipping below the short-term holder realized price (STH-RP) of $64,230. Despite this, the bears have not managed to deepen the correction, indicating that bulls are defending the STH-RP. Bitcoin's weakness has led to sustained outflows from spot Bitcoin exchange-traded funds since June 13, suggesting investor nervousness. However, independent analyst Willy Woo predicts recovery once "weak miners die" and the hashrate recovers. In other crypto news, Toncoin (TON), Pepe (PEPE), Kaspa (KAS), and JasmyCoin (JASMY) are all showing signs of bullish activity at lower levels.