According to external sources, while the United States share was strong and the situation in the Middle East eased a once-in-time boosted risk preference, Bitcoin responded with a limited response and continued to repeatedly pull saws near $60,000. According to the article, market sentiment is still being suppressed by FETF funds outflows and tight interest rate expectations.

In June, the financial flow continued to press.

It is mentioned that bitcoin still has a marked fall from the US$ 126,198 that was created in October 2025 and has fallen for two consecutive quarters, approaching the weakness of the bear market phase in 2022. At the same time, United States spot bitcoin ETFs out of the country in June totalled about $4 billion, weakening previous market-supporting institutions.

The author also attributed the pressure to the macro environment. According to the article, the market is still digesting interest rate expectations for hawks, which limits the rebound space for highly volatile assets.

$58,000 for short-line support

From the solar line, Bitcoin opened on Monday at approximately US$ 59,473, with a drop-down of the disk to US$ 58,801 and then to around US$ 60,104. According to the article, the proximity of US$ 58,035 was a critical level in the current downward trend, and the purchase was again in this area on the same day.

At the same time, however, it is noted that the relatively strong and weak indicator of the solar line, RSI, which is about 34, is still in a weak zone, although it has not yet reached a typical level of oversale. That is, while there is a technical rebound in the market, downside pressures have not been significantly lifted.

There's still a lot of resistance up there.

According to the article, the average of 50-day index movements was about US$ 66,913, and the average of 200-day index movements was about US$ 76,517, with current prices still significantly below the two averages, indicating that the medium- to long-term trend remained weak.

According to the text, if the US$58,035 were to fail, the clearer next support below the solar line would be approximately US$55,528. In the event of a rebound, the market would first have to re-establish itself between US$ 62,644 and US$ 63,732 and then face resistance near the US$ 65,000 line and the 50-day average line.

It was also mentioned that, on the four-hour map, bitcoin was currently organized in a narrow range of approximately $59,200 to $60,400, with short-line fluctuations not broken. Overall, external sources believe that the proximity of $60,000 remains at the heart of the multi-empty competition, and the way forward depends on the continued viability of the support and improved funding.