21:05 UTC
Downtrend, extended into month-end · RSI 39 · price 60,136.77
Lower highs, lower lows since early-May peak.
BTC is in a two-month downtrend, sliding from the early-May peak near 82.7K to retest the 58K shelf, holding well below a falling EMA(50) — a regime shift the digest ties to record ETF outflows and a 40-year-high dollar. June closed with a double-digit loss and price below the 200-week MA; the latest bounce has stalled at the 60K round number after the 58,063 swing low held. Momentum is heavy but not yet washed-out on D1 RSI, leaving the 58K line in the sand the pivotal level.
What it said to watch
- D1 close below 58K opens cascade-liquidation risk
- Reclaim of 60K round number eases the downside read
- ADP + Warsh speech Wed could materially shift this read via USD