BTC rebounds 1.19% in 15 minutes: Dip-buying attempts after six consecutive weeks of net outflows from institutional ETFs

During the period from 20:00 to 20:15 UTC on June 24, 2026, BTC showed a +1.19% yield, with a price range of 59,852.3 - 60,829.0 USDT and a volatility of 1.63%. This period was a transition from the Asian trading session to the European and American sessions, with a technical rebound occurring after successively breaking below the psychological threshold of $60,000.

The main driver of this abnormal movement was the marginal improvement signal in institutional capital inflows. Although BTC ETFs have had net outflows for six consecutive weeks, totaling $5.94 billion, with a single-day outflow of $68.3 million on June 22, there was a small net inflow of $39.2 million on June 23, led by ARKB and MSBT. This change boosted market sentiment. At the same time, companies like Strategy and Strive continued to buy on dips, with Strategy purchasing 520 BTC worth approximately $35 million and Strive purchasing 759 BTC worth approximately $50 million, providing bottom support for the price.

In addition, the macro environment remains a systemic pressure. The Federal Reserve maintains expectations of high interest rates, the US dollar strengthens, real yields rise, and risk assets are under overall pressure. The global commodity market saw a broad sell-off, with spot gold falling below $4,000 per ounce, and tech stock pullbacks intensifying capital rotation. The inflationary pressure from the Iran war makes it difficult for the Fed to pivot to easing, and BTC, as a high-beta risk asset, remains under pressure. Short-term bears chose to close positions and take profits around 20:00 UTC, driving a pulsed rebound in price.

In terms of risk warnings, although the ETF capital outflow trend has shown marginal improvement, it remains in negative territory. The extreme long positions (67.4% long) of retail traders on a major exchange could trigger cascading liquidations if the price falls further. Going forward, attention should be focused on the key support level of $59,000, whether ETF capital flows can continue to turn positive, Fed policy signals, and the legislative progress of the CLARITY Act.