Analysis: Bitcoin Retests 200-Week Moving Average, $60,000 Key Support Area

Arkham data shows that 84 million BANK tokens (of Lorenzo Protocol) were transferred from the BANK Foundation address to a newly created wallet, then moved to an Aster deposit address, valued at approximately $13.7 million. Market data indicates BANK has rallied more than 3 times over the past three days, briefly topping $0.21, and is now trading at $0.163 with a 24-hour gain of 53.7%.

Predict.fun’s World Cup Finals have officially kicked off. Centered on the Argentina vs. Spain match, 30 fan token markets are now live, covering multiple dimensions including match outcome, score, goals, corner kicks, and player performance, with nearly 200,000 fan tokens released in total. Supporters of the eventual winning team will split the 260,000 USDT final prize pool based on their points rankings.

Market analyst Noname has published a post refuting the current "bottom is already here" narrative, arguing that calling a bottom is premature. The current sideways consolidation essentially reflects indecision, with "hesitation at this level usually preceding a downward breakout before an upward move." The analyst outlined a clear path forecast for the second half of 2026: July will see "false stability" and a bear trap rally, with volatility to flush out weak positions; August will mark the start of the real decline, testing the $50,000 level for the first time; September will extend downward pressure, with a W-bottom structure beginning to form; October will be the actual bottom and accumulation zone, at which point participation strategies will turn aggressive; November will show initial signs of recovery, with prices starting to rebound from the bottom; December will bring the possibility of returning to $100,000 for the first time since the bear market began. The analyst emphasized that the final sell-off is still imminent, though most refuse to believe it. "Don’t let the sideways movement fool you." In terms of rhythm, the decline since the June high is a full liquidation of the three-year rally. Previous bear cycles all ended with corrections of over 80%; the current price is roughly 50% down from its all-time high, so if history repeats, lower targets should still be within expectations. The analyst predicts the final bottom will not drag into the fourth quarter—this cycle will complete in the third quarter. An oversold zone with expanding volume may be observed between August and September, followed by a breakout in the fourth quarter, and returning to $100,000 by year-end will be the minimum rebound target needed for bulls to repair structural damage.

According to OnchainLens monitoring, the smart money address "gritsa.eth" has just opened a long position on Hyperliquid for 50 BTC, worth approximately $3.22 million. The trader’s cumulative profit exceeds $2.83 million.

Binance founder CZ posted, "Inactivity doesn’t seem to affect follower growth at all. Is the bear market almost over?" According to the tweet CZ cited, his current follower count on X stands at 11.98 million, soon to cross the 12 million threshold.

U.S. Energy Secretary Wright has stated that U.S. military operations against Iran will continue until President Trump achieves his military objectives. In an interview, Wright said the Trump administration’s goal is to prevent Iran from acquiring nuclear weapons and weaken its ability to threaten neighboring countries and global commercial activities. "Therefore, this mission will continue until its task is completed," (CCTV)