Bitcoin and the broader crypto market are rebounding today after Fed Chair Kevin Warsh indicated that inflation risks have eased while reaffirming the Federal Reserve’s commitment to its 2% inflation target.
The remarks helped reduce concerns about a more aggressive tightening cycle, improving sentiment across risk assets, with Bitcoin leading the recovery.
The outlook for interest rates remains a key driver of BTC and crypto price action. Should markets continue to scale back expectations for rate hikes in 2026, the current positive momentum may extend further.
BTC has also moved back above the $60,000 level for the time being.
The chart is showing a bullish RSI divergence, where price formed a lower low while the RSI held a higher low. This suggests that bearish momentum may be weakening.
The remarks helped reduce concerns about a more aggressive tightening cycle, improving sentiment across risk assets, with Bitcoin leading the recovery.
The outlook for interest rates remains a key driver of BTC and crypto price action. Should markets continue to scale back expectations for rate hikes in 2026, the current positive momentum may extend further.
BTC has also moved back above the $60,000 level for the time being.
The chart is showing a bullish RSI divergence, where price formed a lower low while the RSI held a higher low. This suggests that bearish momentum may be weakening.
#BTC
It swept the sell-side liquidity below the PWL (58,136) and bounced toward 61k, but took a direct rejection at the 60,877 daily resistance.
Here is the sequence needed for upside continuation:
Hurdle 1: Secure daily acceptance above 60,877.
Hurdle 2: Reclaim 62,950 to confirm the move.
Clearing these levels opens the door for a run toward 65k, 69k, and ultimately 72k.
It swept the sell-side liquidity below the PWL (58,136) and bounced toward 61k, but took a direct rejection at the 60,877 daily resistance.
Here is the sequence needed for upside continuation:
Hurdle 1: Secure daily acceptance above 60,877.
Hurdle 2: Reclaim 62,950 to confirm the move.
Clearing these levels opens the door for a run toward 65k, 69k, and ultimately 72k.
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#ALTS
ETH/BTC has been consolidating in the OTE zone for 5 weeks. Currently, the pair is up +7.80%. This consolidation could signal accumulation — often a precursor to altcoin strength.
https://s3.tradingview.com/snapshots/x/XGQvAJJb.png
ETH/BTC has been consolidating in the OTE zone for 5 weeks. Currently, the pair is up +7.80%. This consolidation could signal accumulation — often a precursor to altcoin strength.
https://s3.tradingview.com/snapshots/x/XGQvAJJb.png
🗓 First July Setup: #ONDO (H4)
Kicking off the month with a high-probability long setup on $ONDO. Following the broader market structure shift, price has cleared local resistance. The strategy here is strictly to buy the dip into the demand array rather than chasing the current move.
Entry Zone: ~0.3210 - 0.2820 (Retest of the broken structural high)
Stop Loss (Invalidation): H4 close below 0.2723
Take Profit (Target): 0.353 - 0.385 - 0.425 - 0.474
Set your limit orders and let the market come to you.
Kicking off the month with a high-probability long setup on $ONDO. Following the broader market structure shift, price has cleared local resistance. The strategy here is strictly to buy the dip into the demand array rather than chasing the current move.
Entry Zone: ~0.3210 - 0.2820 (Retest of the broken structural high)
Stop Loss (Invalidation): H4 close below 0.2723
Take Profit (Target): 0.353 - 0.385 - 0.425 - 0.474
Set your limit orders and let the market come to you.
📝 Analyst Role
Employer: DeFiLlama
Position: Analyst
Focus: DeFi protocols, tokens, and market trends
https://github.com/DefiLlama/careers/blob/master/analyst.md
Employer: DeFiLlama
Position: Analyst
Focus: DeFi protocols, tokens, and market trends
https://github.com/DefiLlama/careers/blob/master/analyst.md
GitHub
careers/analyst.md at master · DefiLlama/careers
Come join us! Contribute to DefiLlama/careers development by creating an account on GitHub.
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🚨 THE BIGGEST BITCOIN BULL TRAP OF THIS ENTIRE BEAR MARKET IS FORMING NOW.
The July relief rally could push back above the 200 weekly moving average.
Then the flush, later this month or August.
Same script as 2022.
The July relief rally could push back above the 200 weekly moving average.
Then the flush, later this month or August.
Same script as 2022.
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It's worth noting that GOLD/BTC chart has broken a 176 month downtrend, and has since been in a 12 month uptrend against BTC.
Central banks worldwide are accumulating gold at its peak level in 100 years, according to Barchart. Gold remains a favored safeguard against inflation, weakening currencies, and geopolitical tensions.
Picking up gold at support between $3000-3300 per ounce may not be such a bad idea for the long term.
Central banks worldwide are accumulating gold at its peak level in 100 years, according to Barchart. Gold remains a favored safeguard against inflation, weakening currencies, and geopolitical tensions.
Picking up gold at support between $3000-3300 per ounce may not be such a bad idea for the long term.
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#BTC has swept the BSL at 63,232.7 and fully filled the 4H FVG. Price is now moving sideways around 62,700, waiting for direction. From here, BTC could flip supply and push upward to capture the next BSL at 65,596. Or, it could dip below 62K to take SSL before pulling back upward — which would form a healthy market structure. If it fails to recover, continuation of the bearish trend remains possible.
https://s3.tradingview.com/snapshots/i/I8K3wnVA.png
https://s3.tradingview.com/snapshots/i/I8K3wnVA.png
❤1
Cipher Crypto Trader
#BTC has swept the BSL at 63,232.7 and fully filled the 4H FVG. Price is now moving sideways around 62,700, waiting for direction. From here, BTC could flip supply and push upward to capture the next BSL at 65,596. Or, it could dip below 62K to take SSL before…
#BTC is flip supply.
