Bitcoin is trading around $62,000 on Monday as escalating U.S.-Iran military strikes triggered a broad risk-off move across global markets, pushing crypto sentiment deeper into the fear zone.

CryptocurrencyTickerPrice
Bitcoin(CRYPTO: BTC)$61,895
Ethereum(CRYPTO: ETH)$1,757
Solana(CRYPTO: SOL)$74.76
XRP(CRYPTO: XRP)$1.06
Dogecoin(CRYPTO: DOGE)$0.07123
Shiba Inu(CRYPTO: SHIB)$0.054125

Notable Statistics:

  • Coinglass data shows 81,200 traders were liquidated in the past 24 hours for $326.94 million.       
  • SoSoValue data shows net inflows of $90.4 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $18.4 million.
  • In the past 24 hours, top losers include DeXe, Pi and Lighter.

Notable Developments:

Trader Notes:

Trader KillaXBT’s best strategy is to wait for the short-term supply indicator to flip bullish rather than trading through the current sideways market.

Trader Jelle revealed that he is buying another batch of Bitcoin to increase long-term exposure in a “different week” but with “same plan.”

He plans to use the summer consolidation period to build position, anticipating the next bull run could drive BTC toward the $200,000 level.

Ted Pillows noted Bitcoin is targeting downside liquidity, with a key liquidity cluster around $62,000 that could be swept next.

If that level is cleared, attention could shift to upside liquidity between $65,000 and $66,000, making it the next potential target for a rebound.

Crypto chart analyst Ali Martinez says Bitcoin has been rejected from the upper end of its trading channel.

After losing the $63,000 mid-range support, BTC could decline toward the lower channel boundary near $61,700, where buyers may step in and provide support.

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