Wintermute Warns BTC Bottom Uncertain as Capital Flows and Geopolitical Events Drive Market Sentiment
2026-06-17 15:31

Per Woofun AI, market maker Wintermute disclosed in its weekly report that while the ceasefire between the United States and Iran alongside CPI data boosted risk appetite, the bottom for 比特币 remains uncertain. The firm maintains that levels above $60,000 offer an attractive risk-return ratio, noting that recent declines have filtered out weaker holders, yet prices could still retreat below $50,000 before a genuine recovery emerges.

Wintermute emphasizes that capital flows, rather than price action or news headlines, dictate market health, observing that the sustained ETF and stablecoin inflows seen in previous cycles have yet to materialize. Consequently, the firm highlights Federal Reserve Governor Walsh’s upcoming speech and the US-Iran agreement signed in Switzerland as critical short-term variables, where dovish signals on interest rates and oil prices would support the market, whereas hawkish stances could halt any gains.

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Wintermute
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