BTC rises 0.4% in 15 minutes: technical buy signals and whale holdings support trigger a short-term rebound

Between 18:00 and 18:15 UTC on July 9, 2026, BTC achieved a +0.40% return, with the price rebounding to the $63,074.9–$63,499.9 USDT range, with a volatility of 0.67%. The price fell approximately 2.2% from the daily high of $63,708.28 before stabilizing. Market panic has slightly eased, but overall sentiment remains in extreme fear.

The main driver of this movement was technical buying support. After the price retraced to the key support zone of $62,200–$62,500 (near the 200-week moving average), a buy-the-dip strategy was triggered, reinforced by whale holdings reaching multi-month highs, supporting a short-term rebound. Data shows that whale addresses holding over 1,000 BTC currently hold a total of 7.17 million BTC, controlling about 36% of circulating supply. Large holders demonstrated willingness to accumulate during the price correction.

Additionally, multiple factors resonated. On July 7, the US spot Bitcoin ETF saw a net inflow of $265.69 million, with BlackRock’s IBIT contributing $209.40 million. This inflow may lag in Asian trading hours and reflect in the spot market later. Meanwhile, short positions took profits after the price fell to support, further aiding the rebound. However, macro conditions remain a systemic risk, with the US dollar index rising to a one-year high and Coinbase Premium remaining negative for 50 consecutive trading days, indicating continued weak institutional buying.

Currently, BTC remains below the 50-day and 200-day moving averages, indicating a weak zone. Future focus should be on the stability of the $62,000 support level and the breakout of the $64,000 resistance. Monitoring whale activity and ETF fund flows is also crucial. With ETF net outflows of $5.72 billion over the past 30 days, institutional demand remains a core risk factor. Caution is advised regarding potential volatility from upcoming macroeconomic data releases.