Tahir Naqqash 🔺

Who else from South Punjab?

📊 **Market Brief — July 23** 🟠 **BTC:** **$65,483 (−0.78%)** Bitcoin is consolidating above the crucial **$65K** breakout level. **$65K** remains key support, while **$68K** is the next major target. 🔵 **ETH:** **$1,919 (−0.09%)** Ethereum remains above **$1,900**, holding relative strength during Bitcoin's consolidation. 🚀 **Key Movers** * **ADA:** +0.65% * **LTC:** +1.24% * **AAVE:** +0.99% * **HYPE:** −0.23% 🏦 **ETF Flows** Spot Bitcoin ETFs have recorded **six consecutive positive sessions**, totaling roughly **+$727M** in inflows. Total BTC ETF assets have surpassed **$80B**, highlighting improving institutional demand. ⚡ **Market Structure** Open interest eased to **$48.76B**, while **24-hour liquidations fell to $30M**, indicating healthy consolidation following the breakout. 🌍 **Macro** Brent crude eased to **$92.44**, offering modest inflation relief. Tesla's earnings miss and next week's **FOMC meeting** remain the biggest macro catalysts to watch. 😨 **Sentiment** The **Fear & Greed Index** stands near **33 (Fear)**, showing investors remain cautious despite improving price action. 💡 **Takeaway** Bitcoin continues to hold its breakout above **$65K**, supported by strong ETF inflows and orderly market conditions. However, the upcoming **FOMC meeting** remains the key near-term risk. Holding **$65K** keeps the bullish case intact, while **$68K** is the next level to watch.

📊 **Market Brief — July 9** 🟢 **BTC:** **$62,940 (+1.14%)** Bitcoin defended the crucial **$60K** support after yesterday's oil-driven selloff. The intraday low of **$61,697** held above the key level, shifting focus back toward **$63.7K** resistance and the **50-day moving average at $66.2K**. 🔵 **ETH:** **$1,752 (+0.60%)** Ethereum rebounded alongside Bitcoin, reclaiming **$1,750** as the crypto market stabilized after yesterday's macro-driven volatility. 🚀 **Top Movers** • **LINK** +1.20% • **BTC** +1.14% • **TRX** +0.97% • **ADA** +0.84% • **HYPE** +0.73% 🏦 **ETF Flows** Institutional demand remained the biggest positive. Spot Bitcoin ETFs have now posted **three consecutive days of net inflows totaling roughly $510M**, including an estimated **+$143M on July 7**, showing institutions **kept buying through the selloff**. ⚡ **Market Structure** Open interest eased to roughly **$45.8B**, while **24-hour liquidations cooled to around $76M**, indicating excess leverage has largely been flushed and the rebound is being driven by healthier spot demand. 🌍 **Macro** Brent crude fell **1.10% to $77.16**, easing inflation concerns after yesterday's spike. Gold rose **0.91%**, while markets continue watching the **FOMC minutes** and **mid-July CPI** for the next catalyst. 😨 **Sentiment** The **Fear & Greed Index** improved to **22**, remaining in **Extreme Fear** despite the successful defense of **$60K**, suggesting confidence is recovering slowly. 💡 **Takeaway** Bitcoin passed its first major macro stress test by holding **$60K**, while ETF inflows remained positive through the selloff—an encouraging sign for the recovery. Although the broader trend remains below the **50-day moving average**, **stronger institutional demand** and a cleaner derivatives market strengthen the bullish case. A move above **$63.7K** would be the next step toward confirming a sustained recovery. 🚀📈