New Huo Research: Dense Bottom Fishing in the $60K BTC Range, a 'High Value-for-Money Zone' Sees a Handover Surge
Bitcoin has shown a significant oversold rebound this week, with extreme panic in the crypto market easing. Multiple data points indicate a notable market bottom is forming. On the market front, the net outflow from Bitcoin spot ETFs has continued to shrink, and the negative premium between Coinbase and USDT is steadily correcting. Industry fundamentals suggest the shutdown cost for mainstream miners is concentrated between $30,000 and $50,000, potentially solidifying a阶段性 industry cost floor—a classic signal of market bottoms in previous cycles.
Institutional capital is notably positioning against the trend. For instance, Sinohope Group's weekly OTC trading volume surged over 8 times环比, with active platform users doubling, both reaching record highs. This confirms a sharp increase in large capital transaction activity and a spike in off-exchange funding demand. Sinohope Research also observed on-chain data showing that funds from entities with public company attributes and long-term "whale" wallets are actively accumulating Bitcoin around the key $60,000 price level. The research institute has maintained since mid-May that a high-value investment window has reopened, and the market is now undergoing a shift from panic selling to long-term holding.
Looking ahead, the core drivers for an upward market move will be liquidity release and macro policy developments. The successful and strong performance of SpaceX's IPO has reignited market optimism, and the massive liquidity frozen during its subscription period is now being unlocked. This substantial capital is expected to seek new value opportunities, potentially flowing into currently undervalued assets like Bitcoin. On the macro and policy front, the tone set in Kevin Warsh's upcoming speech at the FOMC meeting is crucial for near-term monetary policy expectations. Furthermore, the potential passage of the CLARITY Act by late July could significantly boost institutional confidence for capital entry. Considering these bottoming signals alongside favorable liquidity and policy factors, Sinohope Research remains optimistic about the market's subsequent trajectory.
marsbitHace 51 min(s)
