Bitcoin (BTC)

JUST IN: Crypto markets are dipping after the US launched fresh strikes on Iran, with altcoins hit harder as $BTC reached $61K and solana:So11111111111111111111111111111111111111112 fell to $62.

📊【XWIN TREND INDEX｜June 11, 2026】

Overall Score: 15 / 100

· 80‑100 = Strong uptrend
· 60‑79 = Slightly up
· 40‑59 = Neutral / No direction
· 20‑39 = Slightly down
· 0‑19 = Strong downtrend
7‑day moving average: 15.29 ↑
14‑day moving average: 15.64 ↓
The direction is a “strong downtrend”.
“Geopolitical risks and ETF outflows keep it weak again. The short‑term average has started to turn upward, but spot demand recovery is not yet confirmed.”
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Market Summary
· BTC trading around $61,000‑$62,000
· After the weekend rebound, upward pressure is again heavy
· BTC ETF outflow continues
· Average acquisition price of ETF holders is about $72,400, putting them in loss territory
· Deteriorating US‑Iran situation strengthens risk‑off sentiment
· US equities slump sharply, adding sell pressure to crypto assets
· CPI YoY 4.2%, core CPI YoY 2.9%
· Short‑term focus is defending $60,000 (Bureau of Labor Statistics)

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On‑chain & Technical Trend

· IBCI at 4.76, maintaining Accumulation Zone
· Supply in Loss rises to around 50%
· MVRV approaches undervalued zone
· Coinbase Premium remains in negative territory
· Funding is positive, long bias persists
· STH loss pressure is strong but not as extreme as the final sell‑off in the past
· Whale selling pressure continues
· Realized price around $53,000 is a candidate for long‑term support

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Sentiment
· Fear & Greed is in the Extreme Fear zone
· Some indicators show Fear & Greed dropping to 9
· Market psychology remains pessimistic
· “Bitcoin is Dead” narrative continues
· Expanding unrealized losses for ETF investors add psychological weight
· Conversely, bottom‑finding discussions are increasing
· Pessimism toward ETH is also intensifying
· The market mixes “fear” with “expectation of reversal”
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U.S. Traditional Markets
· S&P 500 lost about $1.2 trillion in market cap in one day
· NASDAQ also fell sharply
· Worsening Middle‑East tensions raise oil prices and revive inflation concerns
· CPI month‑over‑month +0.5%, as expected
· Core CPI month‑over‑month +0.2%, below expectations
· Expectations for early Fed rate cuts are limited
· USD/JPY sits in an intervention‑watch zone
· Profit‑taking sells in AI‑related stocks expand (Reuters)
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Overall Assessment
The BTC market is again weak due to ETF outflows, stagnant Coinbase Premium, and geopolitical risks. In the short term, defending $60,000 is the top focus; breaking below it would raise liquidation risk again.

At the same time, data such as IBCI staying in the Accumulation Zone, rising Supply in Loss, and MVRV nearing the undervalued zone suggest a bottom‑forming phase.

Today’s focus points

· Defend $60,000
· BTC ETF outflow pace
· Coinbase Premium improvement
· Funding Rate normalization
· Whale selling pressure
· Geopolitical risks and oil prices
Current condition is a “strong downtrend”. However, the 7‑day MA rose from 14.29 to 15.29, slightly improving short‑term momentum, while the 14‑day MA fell from 16.57 to 15.64, indicating a full reversal still requires ETF inflows and spot demand recovery.